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

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

Sumitomo Realty & Development Price Performance

OTCMKTS:SURDF opened at $31.40 on Friday. Sumitomo Realty & Development has a one year low of $27.35 and a one year high of $38.11. The company’s 50-day simple moving average is $30.91 and its 200 day simple moving average is $31.85.

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.