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

Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 69,700 shares, a decline of 52.1% from the February 13th total of 145,600 shares. Based on an average daily trading volume, of 129,400 shares, the days-to-cover ratio is currently 0.5 days.

Sumitomo Mitsui Trust Price Performance

Shares of SUTNY traded up $0.03 during midday trading on Friday, reaching $5.16. The stock had a trading volume of 65,645 shares, compared to its average volume of 83,511. The company’s 50-day moving average is $5.02 and its 200 day moving average is $4.86. Sumitomo Mitsui Trust has a 12-month low of $3.95 and a 12-month high of $5.39.

Sumitomo Mitsui Trust Company Profile

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.