Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY) Short Interest Update

by · The Cerbat Gem

Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY – Get Free Report) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 17,484 shares, a decline of 90.2% from the May 31st total of 178,603 shares. Based on an average daily trading volume, of 797,649 shares, the days-to-cover ratio is presently 0.0 days.

Sumitomo Mitsui Trust Price Performance

SUTNY stock traded up $0.11 during trading on Friday, hitting $7.41. 14,414 shares of the company’s stock traded hands, compared to its average volume of 201,406. Sumitomo Mitsui Trust has a 52 week low of $5.05 and a 52 week high of $7.97. The business has a fifty day simple moving average of $7.09 and a 200 day simple moving average of $6.74.

Sumitomo Mitsui Trust (OTCMKTS:SUTNY – Get Free Report) last issued its quarterly earnings data on Thursday, June 11th. The company reported $999.00 earnings per share (EPS) for the quarter. The company had revenue of $4.88 billion for the quarter.

Analyst Ratings Changes

Separately, Zacks Research downgraded shares of Sumitomo Mitsui Trust from a “hold” rating to a “strong sell” rating in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Check Out Our Latest Stock Report on Sumitomo Mitsui Trust

About Sumitomo Mitsui Trust

(Get Free Report)

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.

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