Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) Short Interest Up 31.7% in December

Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 614,700 shares, an increase of 31.7% from the December 15th total of 466,900 shares. Based on an average daily volume of 700 shares, the short-interest ratio is currently 878.1 days.

Sumitomo Realty & Development Stock Performance

Sumitomo Realty & Development stock remained flat at $31.40 on Thursday. Sumitomo Realty & Development has a twelve month low of $27.35 and a twelve month high of $38.11. The company has a fifty day moving average price of $30.87 and a 200-day moving average price of $31.85.

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.