Short Interest in Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) Grows By 28.2%

Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) was the recipient of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 188,000 shares, an increase of 28.2% from the July 31st total of 146,600 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 313.3 days.

Sumitomo Realty & Development Stock Down 0.2 %

OTCMKTS:SURDF traded down $0.06 on Friday, reaching $32.30. 304 shares of the stock traded hands, compared to its average volume of 868. The company’s fifty day simple moving average is $31.72 and its 200 day simple moving average is $32.72. Sumitomo Realty & Development has a 12 month low of $27.35 and a 12 month high of $38.11.

Sumitomo Realty & Development Company Profile

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.