Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) Short Interest Update

Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) was the target of a significant decline in short interest in May. As of May 31st, there was short interest totalling 1,291,200 shares, a decline of 26.7% from the May 15th total of 1,762,000 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 12,912.0 days.

Sumitomo Realty & Development Trading Down 3.7%

Shares of Sumitomo Realty & Development stock opened at $39.03 on Wednesday. The firm’s 50-day moving average is $37.56 and its 200 day moving average is $34.37. Sumitomo Realty & Development has a 1 year low of $27.35 and a 1 year high of $41.60.

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.