Short Interest in Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY) Drops By 47.8%

Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY) was the target of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 4,700 shares, a drop of 47.8% from the October 31st total of 9,000 shares. Based on an average daily volume of 215,100 shares, the days-to-cover ratio is currently 0.0 days.

Sumitomo Mitsui Trust Stock Performance

SUTNY stock remained flat at $4.79 during midday trading on Thursday. 51,356 shares of the company traded hands, compared to its average volume of 81,818. The company’s fifty day moving average is $4.64 and its two-hundred day moving average is $4.73. Sumitomo Mitsui Trust has a 52 week low of $3.57 and a 52 week high of $5.24.

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.