Short Interest in Mitsui Fudosan Co., Ltd. (OTCMKTS:MTSFY) Declines By 41.0%

Mitsui Fudosan Co., Ltd. (OTCMKTS:MTSFY) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 20,557 shares, a decrease of 41.0% from the April 30th total of 34,824 shares. Based on an average daily volume of 110,410 shares, the days-to-cover ratio is presently 0.2 days.

Mitsui Fudosan Trading Up 3.2%

Shares of MTSFY opened at $28.55 on Wednesday. Mitsui Fudosan has a 1-year low of $26.04 and a 1-year high of $42.25. The firm has a 50-day simple moving average of $31.44 and a two-hundred day simple moving average of $34.24.

About Mitsui Fudosan

Mitsui Fudosan Co, Ltd. is a leading Japanese real estate developer and a core member of the Mitsui Group. The company specializes in a broad spectrum of property-related activities, including the development, leasing, and management of office buildings, retail facilities, residential complexes, logistics centers and hotels. Through integrated development and property management services, Mitsui Fudosan aims to create vibrant urban environments that combine commercial, residential and leisure spaces.

In its office leasing segment, Mitsui Fudosan is known for flagship properties in Tokyo’s premier districts, providing Class A office space with advanced energy efficiency and safety standards.