Mitsui Fudosan Co., Ltd. (OTCMKTS:MTSFF) Sees Large Decline in Short Interest

Mitsui Fudosan Co., Ltd. (OTCMKTS:MTSFF) saw a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 2,482,700 shares, a drop of 26.0% from the May 15th total of 3,355,000 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 2,482.7 days.

Mitsui Fudosan Stock Down 0.6%

MTSFF stock opened at $9.21 on Wednesday. Mitsui Fudosan has a 12-month low of $7.57 and a 12-month high of $11.06. The stock’s 50 day simple moving average is $9.71 and its 200 day simple moving average is $8.96.

About Mitsui Fudosan

Mitsui Fudosan Co, Ltd. operates as a real estate company in Japan. It operates through four segments: Leasing, Property Sales, Management, and Other. The Leasing segment leases office buildings and commercial facilities, and other properties. The Property Sales segment is involved in the sale of condominiums and detached housing to individuals; and rental housing and office buildings and other to investors.