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

Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) saw a large growth in short interest in October. As of October 31st, there was short interest totalling 185,900 shares, a growth of 32.1% from the October 15th total of 140,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 1,859.0 days.

Sumitomo Realty & Development Stock Performance

Sumitomo Realty & Development stock remained flat at $30.00 during midday trading on Friday. The firm has a 50 day moving average of $32.76 and a 200-day moving average of $32.55. Sumitomo Realty & Development has a 12 month low of $27.35 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.