Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY) Short Interest Up 100.5% in August

Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 112,300 shares, an increase of 100.5% from the August 15th total of 56,000 shares. Based on an average trading volume of 123,600 shares, the short-interest ratio is currently 0.9 days.

Sumitomo Mitsui Trust Price Performance

OTCMKTS SUTNY remained flat at $4.97 during midday trading on Friday. 20,023 shares of the company’s stock traded hands, compared to its average volume of 81,536. The stock has a fifty day moving average of $4.90 and a two-hundred day moving average of $4.59. Sumitomo Mitsui Trust has a 52 week low of $3.47 and a 52 week 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.