Tobu Railway Co., Ltd. (OTCMKTS:TBURF) Sees Large Increase in Short Interest

Tobu Railway Co., Ltd. (OTCMKTS:TBURF) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totalling 206,600 shares, an increase of 66.2% from the June 30th total of 124,300 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 516.5 days.

Tobu Railway Stock Performance

TBURF remained flat at $18.22 during midday trading on Friday. The stock’s fifty day moving average price is $19.21 and its two-hundred day moving average price is $21.05. Tobu Railway has a 52-week low of $18.22 and a 52-week high of $18.22.

About Tobu Railway

Tobu Railway Co, Ltd. engages in the transportation business in Japan. It operates through five segments: Transportation Business, Leisure Business, Real Estate Business, Distribution Business, and Other Business. The company is involved in the general transportation business by railroad, tramway, and cableway, as well as car transportation business.