Short Interest in Mitsui Fudosan Co., Ltd. (OTCMKTS:MTSFY) Drops By 58.5%

Mitsui Fudosan Co., Ltd. (OTCMKTS:MTSFY) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 51,353 shares, a drop of 58.5% from the June 30th total of 123,603 shares. Based on an average trading volume of 133,939 shares, the days-to-cover ratio is currently 0.4 days.

Mitsui Fudosan Price Performance

Shares of Mitsui Fudosan stock traded up $0.61 during trading hours on Tuesday, hitting $29.58. The company’s stock had a trading volume of 985,448 shares, compared to its average volume of 84,354. The business has a 50 day moving average price of $28.27 and a two-hundred day moving average price of $32.54. Mitsui Fudosan has a 12-month low of $26.58 and a 12-month high of $42.25.

Mitsui Fudosan Company Profile

Mitsui Fudosan Co, Ltd. is a leading Japanese real estate developer and a core member of the Mitsui Group. The company specializes in a broad spectrum of property-related activities, including the development, leasing, and management of office buildings, retail facilities, residential complexes, logistics centers and hotels. Through integrated development and property management services, Mitsui Fudosan aims to create vibrant urban environments that combine commercial, residential and leisure spaces.

In its office leasing segment, Mitsui Fudosan is known for flagship properties in Tokyo’s premier districts, providing Class A office space with advanced energy efficiency and safety standards.