Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY) Sees Large Increase in Short Interest

Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 137,630 shares, a growth of 41.9% from the November 30th total of 96,967 shares. Based on an average daily trading volume, of 190,360 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily trading volume, of 190,360 shares, the days-to-cover ratio is presently 0.7 days.

Sumitomo Mitsui Trust Stock Down 0.5%

Shares of SUTNY opened at $6.17 on Wednesday. Sumitomo Mitsui Trust has a 1 year low of $3.99 and a 1 year high of $6.31. The business’s 50 day simple moving average is $5.80 and its 200-day simple moving average is $5.66.

Sumitomo Mitsui Trust Company Profile

Sumitomo Mitsui Trust Holdings, Inc, known internationally under the ticker OTCMKTS:SUTNY, is Japan’s largest trust banking group, offering a broad array of fiduciary and financial services. Headquartered in Tokyo, the company operates through a network of domestic branches and overseas offices in Asia, Europe and North America to serve institutional investors, corporates and private clients.

The group’s core activities span trust banking, asset management, real estate services and wholesale banking.