Short Interest in Tobu Railway Co., Ltd. (OTCMKTS:TBURF) Expands By 83.1%

Tobu Railway Co., Ltd. (OTCMKTS:TBURF) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totalling 124,300 shares, an increase of 83.1% from the June 15th total of 67,900 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is presently 155.4 days.

Tobu Railway Price Performance

OTCMKTS TBURF opened at $18.22 on Friday. The firm has a 50 day simple moving average of $19.90 and a 200-day simple moving average of $21.28. Tobu Railway has a one year low of $18.22 and a one year high of $18.22.

Tobu Railway Company Profile

Tobu Railway Co, Ltd. engages in the transportation business in Japan. It operates through five segments: Transportation Business, Leisure Business, Real Estate Business, Distribution Business, and Other Business. The company is involved in the general transportation business by railroad, tramway, and cableway, as well as car transportation business.