Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY) Sees Large Decrease in Short Interest

Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY) was the target of a large decrease in short interest in October. As of October 31st, there was short interest totalling 9,000 shares, a decrease of 69.9% from the October 15th total of 29,900 shares. Based on an average trading volume of 155,000 shares, the days-to-cover ratio is presently 0.1 days.

Sumitomo Mitsui Trust Stock Performance

Shares of SUTNY traded up $0.05 during midday trading on Tuesday, hitting $4.69. 59,740 shares of the stock traded hands, compared to its average volume of 80,429. Sumitomo Mitsui Trust has a 1-year low of $3.47 and a 1-year high of $5.24. The business’s 50 day moving average price is $4.69 and its two-hundred day moving average price is $4.69.

Sumitomo Mitsui Trust Company Profile

Sumitomo Mitsui Trust Holdings, Inc operates as a trust bank in Japan and internationally. It offers supervising services for management strategies, and financial and human resource management; and general affairs, business process, corporate administration, operational process, risk, and compliance management services; and internal auditing services.