Tobu Railway Co., Ltd. (OTCMKTS:TBURF – Get Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 79,268 shares, a decline of 60.9% from the July 15th total of 202,860 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Tobu Railway Price Performance
Shares of TBURF opened at $20.05 on Friday. The company’s 50-day moving average is $20.05 and its 200-day moving average is $19.54. Tobu Railway has a fifty-two week low of $16.25 and a fifty-two week high of $20.05.
About Tobu Railway
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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