Nomura Real Estate Holdings, Inc. (OTCMKTS:NMEHF) Short Interest Down 42.5% in March

Nomura Real Estate Holdings, Inc. (OTCMKTS:NMEHF) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 316,900 shares, a decrease of 42.5% from the February 29th total of 551,600 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is currently 633.8 days.

Nomura Real Estate Trading Up 4.0 %

Shares of NMEHF stock traded up $1.08 during trading hours on Thursday, hitting $28.00. 1,218 shares of the company’s stock were exchanged, compared to its average volume of 2,078. Nomura Real Estate has a 12-month low of $21.94 and a 12-month high of $28.00. The business’s 50 day simple moving average is $26.23 and its 200-day simple moving average is $25.49.

About Nomura Real Estate

Nomura Real Estate Holdings, Inc operates as a real estate company in Japan and internationally. The company develops, leases, and manages office buildings, commercial facilities, logistics facilities, hotels, and other properties; develops and sells condominiums and houses; operates housing with services for the elderly; develops rental properties; provides Internet advertising services for housing and living assistance services; and offers consignment services for planning and management for commercial facilities.