Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF – Get Free Report) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 2,736,589 shares, an increase of 75.4% from the April 15th total of 1,560,197 shares. Based on an average trading volume of 2,259 shares, the short-interest ratio is presently 1,211.4 days.
Sumitomo Realty & Development Price Performance
OTCMKTS:SURDF remained flat at $30.50 on Monday. The stock’s fifty day moving average price is $30.78 and its 200-day moving average price is $33.78. Sumitomo Realty & Development has a 1 year low of $17.52 and a 1 year high of $33.19.
About Sumitomo Realty & Development
Sumitomo Realty & Development Co, Ltd. (OTCMKTS:SURDF) is one of Japan’s foremost comprehensive real estate developers. Headquartered in Tokyo, the company engages in the development, leasing and management of a wide range of properties. Its portfolio spans office buildings, residential condominiums, retail facilities, hotels and leisure complexes, reflecting a diversified approach to land use and urban development.
In addition to its core property development activities, Sumitomo Realty provides integrated property management services, including leasing, maintenance and building operations.
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