Short Interest in Nippon Building Fund Inc. (OTCMKTS:NBFJF) Expands By 75.0%

by · The Markets Daily

Nippon Building Fund Inc. (OTCMKTS:NBFJF – Get Free Report) was the recipient of a significant growth in short interest in 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

Nippon Building Fund stock opened at C$842.92 on Thursday. The stock’s fifty day simple moving average is C$842.92 and its 200-day simple moving average is C$908.34. Nippon Building Fund has a twelve month low of C$842.92 and a twelve month high of C$995.14.

Nippon Building Fund Company Profile

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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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