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

Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 68,100 shares, a growth of 289.1% from the November 30th total of 17,500 shares. Based on an average trading volume of 120,600 shares, the days-to-cover ratio is presently 0.6 days.

Sumitomo Mitsui Trust Price Performance

Shares of Sumitomo Mitsui Trust stock traded up $0.01 during trading on Friday, reaching $4.74. 61,088 shares of the company’s stock were exchanged, compared to its average volume of 81,446. The firm’s 50-day moving average price is $4.73 and its 200 day moving average price is $4.77. Sumitomo Mitsui Trust has a 1-year low of $3.60 and a 1-year 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.