Short Interest in Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) Rises By 40.9%

Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) was the target of a large increase in short interest in August. As of August 31st, there was short interest totalling 264,800 shares, an increase of 40.9% from the August 15th total of 188,000 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 2,648.0 days.

Sumitomo Realty & Development Stock Performance

SURDF stock remained flat at $34.38 during mid-day trading on Monday. The firm has a fifty day moving average of $32.08 and a 200-day moving average of $32.86. Sumitomo Realty & Development has a 52-week low of $27.35 and a 52-week high of $38.11.

About Sumitomo Realty & Development

Sumitomo Realty & Development Co, Ltd. engages in the real estate business in Japan. It develops and leases office buildings, rental apartments, etc.; develops and sells condominium units, detached houses, etc.; and develops, leases, and sells properties, as well as operates and manages hotels, event halls, retail facilities, land lots, etc.