Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF – Get Free Report) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 2,309,292 shares, a growth of 150.3% from the May 31st total of 922,470 shares. Based on an average daily volume of 1,009 shares, the short-interest ratio is currently 2,288.7 days.
Sumitomo Realty & Development Stock Performance
Shares of SURDF stock opened at $21.61 on Monday. Sumitomo Realty & Development has a fifty-two week low of $17.99 and a fifty-two week high of $33.19. The stock has a 50 day moving average price of $26.42 and a two-hundred day moving average price of $29.48.
About Sumitomo Realty & Development
Sumitomo Realty & Development Co, Ltd. (OTCMKTS:SURDF) is one of Japan’s foremost comprehensive real estate developers. Headquartered in Tokyo, the company engages in the development, leasing and management of a wide range of properties. Its portfolio spans office buildings, residential condominiums, retail facilities, hotels and leisure complexes, reflecting a diversified approach to land use and urban development.
In addition to its core property development activities, Sumitomo Realty provides integrated property management services, including leasing, maintenance and building operations.
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