Short Interest in Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) Expands By 31.7%

Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 614,700 shares, a growth of 31.7% from the December 15th total of 466,900 shares. Based on an average daily volume of 700 shares, the short-interest ratio is currently 878.1 days.

Sumitomo Realty & Development Stock Performance

Shares of OTCMKTS SURDF opened at $31.40 on Friday. The firm has a 50 day moving average of $30.89 and a 200 day moving average of $31.85. Sumitomo Realty & Development has a 12-month low of $27.35 and a 12-month high of $38.11.

About Sumitomo Realty & Development

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.