Mitsui Fudosan Co., Ltd. (OTCMKTS:MTSFF) Sees Large Increase in Short Interest

Mitsui Fudosan Co., Ltd. (OTCMKTS:MTSFF) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 2,060,552 shares, a growth of 164.4% from the April 30th total of 779,473 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 6,031 shares, the days-to-cover ratio is currently 341.7 days.

Mitsui Fudosan Stock Performance

Shares of Mitsui Fudosan stock remained flat at $9.55 on Monday. The company’s stock had a trading volume of 5 shares, compared to its average volume of 2,831. Mitsui Fudosan has a twelve month low of $8.92 and a twelve month high of $13.16. The company’s 50 day moving average price is $10.63 and its two-hundred day moving average price is $11.34.

About Mitsui Fudosan

Mitsui Fudosan Co, Ltd. is a leading integrated real estate developer based in Tokyo, Japan, and a core member of the Mitsui Group. The company engages in a wide range of property-related activities, including the development, leasing and management of office buildings, retail facilities, residential complexes, hotels, resorts and logistics centers. Through both ground‐up and redevelopment projects, Mitsui Fudosan has established a diverse portfolio that spans landmark mixed‐use developments such as Roppongi Hills and Tokyo Midtown.

Founded in 1941, Mitsui Fudosan has grown from its domestic origins into a global real estate enterprise.