Nomura Real Estate Holdings, Inc. (OTCMKTS:NMEHF) Sees Large Increase in Short Interest

Nomura Real Estate Holdings, Inc. (OTCMKTS:NMEHF) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 3,259,100 shares, a growth of 444.9% from the March 15th total of 598,100 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 16,295.5 days.

Nomura Real Estate Stock Performance

Shares of Nomura Real Estate stock traded up $0.36 on Wednesday, hitting $6.08. 8,494 shares of the company traded hands, compared to its average volume of 3,899. The firm’s 50-day simple moving average is $19.90 and its 200 day simple moving average is $23.37. Nomura Real Estate has a 12-month low of $4.67 and a 12-month high of $6.08.

About Nomura Real Estate

Nomura Real Estate Holdings, Inc operates as a real estate company in Japan and internationally. The company develops, leases, and manages office buildings, commercial facilities, logistics facilities, hotels, and other properties; develops and sells condominiums and houses; operates housing with services for the elderly; develops rental properties; provides Internet advertising services for housing and living assistance services; and offers consignment services for planning and management for commercial facilities.