Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) Short Interest Up 112.8% in November

Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 395,600 shares, an increase of 112.8% from the October 31st total of 185,900 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 1,978.0 days.

Sumitomo Realty & Development Stock Performance

Shares of SURDF stock remained flat at $29.25 during mid-day trading on Thursday. 29 shares of the company’s stock were exchanged, compared to its average volume of 835. The company has a 50-day moving average price of $31.80 and a 200-day moving average price of $32.22. Sumitomo Realty & Development has a 12-month low of $27.35 and a 12-month high of $38.11.

About Sumitomo Realty & Development

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.