Short Interest in Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY) Decreases By 24.2%

Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNYGet Free Report) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 268,500 shares, a decline of 24.2% from the May 31st total of 354,000 shares. Based on an average daily volume of 203,900 shares, the days-to-cover ratio is currently 1.3 days.

Sumitomo Mitsui Trust Stock Performance

SUTNY traded up $0.04 during trading on Friday, reaching $4.64. 65,490 shares of the stock traded hands, compared to its average volume of 84,218. The stock’s 50-day moving average is $4.49 and its 200 day moving average is $4.22. Sumitomo Mitsui Trust has a 12 month low of $3.45 and a 12 month high of $5.00.

About Sumitomo Mitsui Trust

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Sumitomo Mitsui Trust Holdings, Inc operates as a trust bank in Japan and internationally. It offers supervising services for management strategies, and financial and human resource management; and general affairs, business process, corporate administration, operational process, risk, and compliance management services; and internal auditing services.

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