Short Interest in Tobu Railway Co., Ltd. (OTCMKTS:TBURF) Drops By 57.8%

Tobu Railway Co., Ltd. (OTCMKTS:TBURF) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 43,129 shares, a decrease of 57.8% from the August 15th total of 102,105 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Tobu Railway Stock Performance

Shares of Tobu Railway stock opened at $18.74 on Monday. The stock has a 50 day moving average of $19.95 and a 200 day moving average of $20.02. Tobu Railway has a fifty-two week low of $18.74 and a fifty-two week high of $20.05.

About Tobu Railway

Tobu Railway Co, Ltd. is a Japan-based private railway operator primarily serving the northern suburbs of Tokyo and neighboring prefectures. Established in 1897 and headquartered in Sumida, Tokyo, the company is part of the broader Tobu Group, a conglomerate with diversified interests in transportation, retail, real estate and tourism. Tobu Railway’s core business centers on passenger rail services, operating an extensive network of commuter and intercity lines that link downtown Tokyo with areas in Saitama, Chiba and Tochigi prefectures.

The company’s rail network comprises key routes such as the Tobu Skytree Line, Tojo Line, Isesaki Line and the Nikko Line, which provide both daily commuting services and access to major tourist destinations, including the historic city of Nikko and popular hot-spring resorts in Kinugawa.