Nippon Building Fund Inc. (OTCMKTS:NBFJF – Get Free Report) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 43,390 shares, a growth of 75.0% from the May 31st total of 24,799 shares. Based on an average daily volume of 35 shares, the short-interest ratio is presently 1,239.7 days.
Nippon Building Fund Price Performance
Shares of NBFJF stock opened at C$842.92 on Friday. The stock has a 50 day moving average price of C$842.92 and a 200 day moving average price of C$907.70. Nippon Building Fund has a 52-week low of C$842.92 and a 52-week high of C$995.14.
About Nippon Building Fund
Nippon Building Fund Inc is a Japanese real estate investment trust (J-REIT) that specializes in the acquisition, ownership and management of office buildings in Japan. Listed on the Tokyo Stock Exchange, the company primarily focuses on high-quality office properties located in central business districts across major Japanese cities, with a strong concentration in Tokyo’s Marunouchi, Otemachi and Shinjuku areas.
Established in 2002, Nippon Building Fund has grown its portfolio through strategic investments in Grade-A office towers and mixed-use developments.
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