Tobu Railway Co., Ltd. (OTCMKTS:TBURF – Get Free Report) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 971,985 shares, a growth of 1,528.0% from the September 15th total of 59,704 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Tobu Railway Stock Performance
OTCMKTS TBURF remained flat at $18.74 on Friday. The firm’s fifty day simple moving average is $19.42 and its two-hundred day simple moving average is $19.83. Tobu Railway has a one year low of $18.74 and a one year high of $20.05.
Tobu Railway Company Profile
Tobu Railway Co, Ltd. is a Japanese transportation and services company headquartered in Tokyo. Founded in 1897, the company operates one of the largest private railway networks in the Kanto region, serving Tokyo and surrounding areas including Saitama, Chiba, Tochigi and Gunma prefectures.
Its railway operations include commuter and intercity services on routes such as the Tobu Skytree Line, Tobu Tojo Line and Tobu Nikko Line. The network also provides access to destinations including Nikko, Kinugawa and other tourism areas in the northern Kanto region.
Through its group companies, Tobu Railway is also involved in bus transportation, real estate, retail, hotels and leisure businesses.
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