Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY) Sees Significant Drop in Short Interest

Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY) was the target of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 69,700 shares, a decrease of 52.1% from the February 13th total of 145,600 shares. Based on an average trading volume of 129,400 shares, the short-interest ratio is presently 0.5 days.

Sumitomo Mitsui Trust Stock Performance

SUTNY opened at $5.22 on Friday. The stock’s 50 day simple moving average is $5.03 and its 200 day simple moving average is $4.86. Sumitomo Mitsui Trust has a 1-year low of $3.95 and a 1-year high of $5.39.

Sumitomo Mitsui Trust Company Profile

Sumitomo Mitsui Trust Holdings, Inc operates as a trust bank in Japan and internationally. It offers supervising services for management strategies, and financial and human resource management; and general affairs, business process, corporate administration, operational process, risk, and compliance management services; and internal auditing services.