Tokyu Fudosan Holdings Co. (OTCMKTS:TKFOY) Short Interest Down 99.8% in August

Tokyu Fudosan Holdings Co. (OTCMKTS:TKFOY) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 1 shares, a decrease of 99.8% from the July 30th total of 489 shares. Based on an average trading volume of 1 shares, the short-interest ratio is presently 1.0 days.

Tokyu Fudosan Price Performance

Shares of Tokyu Fudosan stock remained flat at $16.61 on Tuesday. The business’s 50-day moving average price is $16.84 and its two-hundred day moving average price is $15.61. Tokyu Fudosan has a 12 month low of $16.61 and a 12 month high of $17.06.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded Tokyu Fudosan from a “neutral” rating to a “buy” rating in a research report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Tokyu Fudosan presently has an average rating of “Buy”.

Tokyu Fudosan Company Profile

Tokyu Fudosan (OTCMKTS: TKFOY) is a Japan-based real estate developer and property management company operating as part of the Tokyu Group. The company focuses on comprehensive urban development, encompassing the planning, design and construction of residential, commercial and mixed-use properties. Leveraging its affiliation with the Tokyu rail network, Tokyu Fudosan often targets sites adjacent to transit hubs to create integrated communities that combine living, shopping and office space.

In its core property development segment, Tokyu Fudosan delivers high-rise condominiums, rental apartments and large-scale commercial facilities.