Mitsui Fudosan Co., Ltd. (OTCMKTS:MTSFY) Sees Significant Decline in Short Interest

Mitsui Fudosan Co., Ltd. (OTCMKTS:MTSFY) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 32,315 shares, a drop of 80.0% from the July 30th total of 161,792 shares. Based on an average daily volume of 80,026 shares, the short-interest ratio is presently 0.4 days.

Mitsui Fudosan Stock Performance

Shares of MTSFY traded down $0.05 during midday trading on Wednesday, hitting $28.43. The company had a trading volume of 10,989 shares, compared to its average volume of 87,704. The company’s 50-day simple moving average is $28.19 and its 200-day simple moving average is $31.59. Mitsui Fudosan has a 1 year low of $26.58 and a 1 year high of $42.25.

Mitsui Fudosan Company Profile

Mitsui Fudosan Co, Ltd. is a leading Japanese real estate developer and a core member of the Mitsui Group. The company specializes in a broad spectrum of property-related activities, including the development, leasing, and management of office buildings, retail facilities, residential complexes, logistics centers and hotels. Through integrated development and property management services, Mitsui Fudosan aims to create vibrant urban environments that combine commercial, residential and leisure spaces.

In its office leasing segment, Mitsui Fudosan is known for flagship properties in Tokyo’s premier districts, providing Class A office space with advanced energy efficiency and safety standards.