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

Mitsui Fudosan Co., Ltd. (OTCMKTS:MTSFFGet Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 3,252,612 shares, an increase of 57.9% from the May 14th total of 2,060,552 shares. Based on an average daily volume of 2,663 shares, the days-to-cover ratio is presently 1,221.4 days. Approximately 0.3% of the shares of the company are short sold.

Mitsui Fudosan Price Performance

Shares of Mitsui Fudosan stock remained flat at $9.40 on Wednesday. The company had a trading volume of 515 shares, compared to its average volume of 4,028. The company has a fifty day simple moving average of $10.27 and a 200 day simple moving average of $11.17. Mitsui Fudosan has a 12-month low of $8.70 and a 12-month high of $13.16.

About Mitsui Fudosan

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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.

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