Nippon Building Fund Inc. (OTCMKTS:NBFJF – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 49,338 shares, a growth of 63.5% from the August 31st total of 30,183 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Nippon Building Fund Stock Performance
NBFJF stock remained flat at C$758.16 on Thursday. Nippon Building Fund has a 12 month low of C$758.16 and a 12 month high of C$995.14. The firm has a 50 day moving average of C$800.11 and a 200 day moving average of C$845.61.
Nippon Building Fund Company Profile
Nippon Building Fund Investment Corporation is a Japanese real estate investment trust (J-REIT) that invests primarily in office buildings. Through its portfolio of income-producing properties, the fund seeks to generate stable rental income and long-term asset value for investors.
The corporation focuses mainly on high-quality office properties in the Tokyo metropolitan area, while also holding selected assets in other major Japanese cities. Its activities include property ownership, leasing, building management and the ongoing acquisition and disposition of real estate assets.
Nippon Building Fund was established in 2001 and became one of Japan’s early publicly listed real estate investment trusts.
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