Tobu Railway Co., Ltd. (OTCMKTS:TBURF – Get Free Report) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 201,712 shares, an increase of 178.1% from the May 31st total of 72,539 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Tobu Railway Stock Performance
OTCMKTS:TBURF opened at $20.05 on Friday. Tobu Railway has a one year low of $16.25 and a one year high of $20.05. The stock has a 50-day simple moving average of $20.05 and a 200 day simple moving average of $18.62.
Tobu Railway Company Profile
Tobu Railway Co, Ltd. is a Japan-based private railway operator primarily serving the northern suburbs of Tokyo and neighboring prefectures. Established in 1897 and headquartered in Sumida, Tokyo, the company is part of the broader Tobu Group, a conglomerate with diversified interests in transportation, retail, real estate and tourism. Tobu Railway’s core business centers on passenger rail services, operating an extensive network of commuter and intercity lines that link downtown Tokyo with areas in Saitama, Chiba and Tochigi prefectures.
The company’s rail network comprises key routes such as the Tobu Skytree Line, Tojo Line, Isesaki Line and the Nikko Line, which provide both daily commuting services and access to major tourist destinations, including the historic city of Nikko and popular hot-spring resorts in Kinugawa.
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