Short Interest in Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) Increases By 76.4%

Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 410,700 shares, a growth of 76.4% from the March 31st total of 232,800 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is presently 684.5 days.

Sumitomo Realty & Development Price Performance

Shares of SURDF opened at $35.38 on Friday. The company’s 50 day simple moving average is $33.30 and its 200 day simple moving average is $30.10. Sumitomo Realty & Development has a 1 year low of $24.20 and a 1 year high of $38.11.

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.