Nippon Building Fund Inc. (OTCMKTS:NBFJF) Shares Shorted: Short Interest Up 63.5% in September

Nippon Building Fund Inc. (OTCMKTS:NBFJF – Get Free Report) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 49,338 shares, an increase of 63.5% from the August 31st total of 30,183 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Nippon Building Fund Price Performance

Nippon Building Fund stock remained flat at C$758.16 during midday trading on Wednesday. The firm has a fifty day simple moving average of C$801.80 and a 200-day simple moving average of C$847.05. Nippon Building Fund has a 52-week low of C$758.16 and a 52-week high of C$995.14.

Nippon Building Fund Company Profile

(Get Free Report)

Nippon Building Fund Investment Corporation is a Japanese real estate investment trust (J-REIT) that invests primarily in office buildings. Through its portfolio of income-producing properties, the fund seeks to generate stable rental income and long-term asset value for investors.

The corporation focuses mainly on high-quality office properties in the Tokyo metropolitan area, while also holding selected assets in other major Japanese cities. Its activities include property ownership, leasing, building management and the ongoing acquisition and disposition of real estate assets.

Nippon Building Fund was established in 2001 and became one of Japan’s early publicly listed real estate investment trusts.

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