Tobu Railway Co., Ltd. (OTCMKTS:TBURF) Short Interest Up 178.1% in June

Tobu Railway Co., Ltd. (OTCMKTS:TBURF) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 201,712 shares, an increase of 178.1% from the May 31st total of 72,539 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Tobu Railway Stock Performance

Shares of Tobu Railway stock opened at $20.05 on Monday. The stock has a fifty day simple moving average of $20.05 and a 200 day simple moving average of $18.64. Tobu Railway has a 12-month low of $16.25 and a 12-month high of $20.05.

Tobu Railway Company Profile

Tobu Railway Co, Ltd. is a Japan-based private railway operator primarily serving the northern suburbs of Tokyo and neighboring prefectures. Established in 1897 and headquartered in Sumida, Tokyo, the company is part of the broader Tobu Group, a conglomerate with diversified interests in transportation, retail, real estate and tourism. Tobu Railway’s core business centers on passenger rail services, operating an extensive network of commuter and intercity lines that link downtown Tokyo with areas in Saitama, Chiba and Tochigi prefectures.

The company’s rail network comprises key routes such as the Tobu Skytree Line, Tojo Line, Isesaki Line and the Nikko Line, which provide both daily commuting services and access to major tourist destinations, including the historic city of Nikko and popular hot-spring resorts in Kinugawa.