Mitsui Fudosan Co., Ltd. (OTCMKTS:MTSFY) Shares Shorted: Short Interest Up 509.0% in October

Mitsui Fudosan Co., Ltd. (OTCMKTS:MTSFY) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 27,233 shares, an increase of 509.0% from the October 15th total of 4,472 shares. Based on an average trading volume of 277,730 shares, the days-to-cover ratio is presently 0.1 days.

Mitsui Fudosan Trading Down 1.1%

OTCMKTS MTSFY traded down $0.33 during trading hours on Wednesday, reaching $28.96. 2,513 shares of the company’s stock traded hands, compared to its average volume of 90,344. Mitsui Fudosan has a 52-week low of $25.97 and a 52-week high of $42.25. The firm has a 50-day simple moving average of $28.84 and a 200 day simple moving average of $30.97.

Mitsui Fudosan Company Profile

Mitsui Fudosan Co., Ltd. is a Japanese real estate company headquartered in Tokyo. Established in 1941, the company develops, owns, leases, and manages a broad range of properties, including office buildings, commercial facilities, residential communities, hotels, and logistics facilities. The company’s business activities include leasing and management of office and retail properties, condominium and housing development, logistics real estate, and the operation of hotels and resorts. Mitsui Fudosan also provides property management and related real estate services, supporting assets throughout their development and operating lifecycles.