Short Interest in Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY) Decreases By 24.2%

Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 268,500 shares, a drop of 24.2% from the May 31st total of 354,000 shares. Based on an average daily volume of 203,900 shares, the days-to-cover ratio is presently 1.3 days.

Sumitomo Mitsui Trust Price Performance

Shares of SUTNY stock traded up $0.04 during mid-day trading on Friday, reaching $4.64. The stock had a trading volume of 65,490 shares, compared to its average volume of 84,218. The stock’s 50-day moving average price is $4.49 and its two-hundred day moving average price is $4.22. Sumitomo Mitsui Trust has a 52-week low of $3.45 and a 52-week high of $5.00.

About Sumitomo Mitsui Trust

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.