Short Interest in Tokyu Fudosan Holdings Co. (OTCMKTS:TKFOY) Increases By ∞

Tokyu Fudosan Holdings Co. (OTCMKTS:TKFOY) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 489 shares, a growth of ∞ from the July 15th total of 0 shares. Based on an average daily trading volume, of 83 shares, the days-to-cover ratio is presently 5.9 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded shares of Tokyu Fudosan from a “neutral” rating to a “buy” rating in a research report on Wednesday, July 22nd. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy”.

Tokyu Fudosan Stock Performance

TKFOY stock opened at $16.61 on Monday. The firm’s 50-day moving average price is $16.90 and its two-hundred day moving average price is $15.45. Tokyu Fudosan has a 12-month low of $16.61 and a 12-month high of $17.06.

About Tokyu Fudosan

Tokyu Fudosan (OTCMKTS: TKFOY) is a Japan-based real estate developer and property management company operating as part of the Tokyu Group. The company focuses on comprehensive urban development, encompassing the planning, design and construction of residential, commercial and mixed-use properties. Leveraging its affiliation with the Tokyu rail network, Tokyu Fudosan often targets sites adjacent to transit hubs to create integrated communities that combine living, shopping and office space.

In its core property development segment, Tokyu Fudosan delivers high-rise condominiums, rental apartments and large-scale commercial facilities.