Short Interest in Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) Increases By 112.8%

Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 395,600 shares, an increase of 112.8% from the October 31st total of 185,900 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 1,978.0 days.

Sumitomo Realty & Development Stock Performance

Shares of SURDF remained flat at $29.25 during trading hours on Friday. Sumitomo Realty & Development has a 1 year low of $27.35 and a 1 year high of $38.11. The company’s 50-day moving average is $31.70 and its two-hundred day moving average is $32.17.

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.