Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) Sees Large Growth in Short Interest

Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 410,700 shares, an increase of 76.4% from the March 31st total of 232,800 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 684.5 days.

Sumitomo Realty & Development Stock Down 4.3 %

Shares of Sumitomo Realty & Development stock traded down $1.51 during trading on Friday, reaching $33.86. The company’s stock had a trading volume of 153 shares, compared to its average volume of 1,075. The business has a 50 day moving average price of $33.30 and a 200-day moving average price of $30.15. Sumitomo Realty & Development has a 12-month low of $24.20 and a 12-month high of $38.11.

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.