Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) Short Interest Up 23.5% in April

Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 1,569,800 shares, a growth of 23.5% from the March 31st total of 1,271,600 shares. Based on an average trading volume of 500 shares, the short-interest ratio is presently 3,139.6 days.

Sumitomo Realty & Development Trading Up 7.5 %

Shares of OTCMKTS SURDF opened at $39.71 on Friday. The stock has a fifty day moving average price of $35.54 and a 200 day moving average price of $32.74. Sumitomo Realty & Development has a 12-month low of $27.35 and a 12-month high of $41.60.

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.