Short Interest in Nippon Building Fund Inc. (OTCMKTS:NBFJF) Decreases By 34.2%

Nippon Building Fund Inc. (OTCMKTS:NBFJFGet Free Report) was the target of a large drop in short interest in August. As of August 31st, there was short interest totalling 5,200 shares, a drop of 34.2% from the August 15th total of 7,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 52.0 days.

Nippon Building Fund Stock Performance

Shares of OTCMKTS:NBFJF remained flat at C$4,495.79 during trading on Monday. Nippon Building Fund has a one year low of C$3,555.00 and a one year high of C$4,495.79. The stock’s 50-day moving average is C$3,931.32 and its 200-day moving average is C$3,974.57.

About Nippon Building Fund

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NBF (Nippon Building Fund Inc) is Japan's largest real estate investment trust (J-REIT) which invests in office buildings primarily in Tokyo as well as nationwide. its objective is to source the solid growth of the stable revenues from its assets through exploitation of Mitsui Fudossan's know-how.

Further Reading

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