Short Interest in Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) Rises By 22.7%

Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) was the recipient of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 485,400 shares, an increase of 22.7% from the November 15th total of 395,600 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 693.4 days.

Sumitomo Realty & Development Price Performance

Shares of SURDF remained flat at $31.31 during mid-day trading on Friday. Sumitomo Realty & Development has a 52-week low of $27.35 and a 52-week high of $38.11. The firm’s 50-day moving average is $30.98 and its 200 day moving average is $31.97.

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.