Nippon Building Fund Inc. (OTCMKTS:NBFJF) Shares Shorted: Short Interest Up 63.5% in September

Nippon Building Fund Inc. (OTCMKTS:NBFJF) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 49,338 shares, an increase of 63.5% from the August 31st total of 30,183 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ? days.

Nippon Building Fund Stock Performance

OTCMKTS:NBFJF remained flat at C$758.16 during trading hours on Wednesday. The company has a fifty day moving average of C$801.80 and a 200-day moving average of C$847.05. Nippon Building Fund has a 12 month low of C$758.16 and a 12 month high of C$995.14.

Nippon Building Fund Company Profile

Nippon Building Fund Investment Corporation is a Japanese real estate investment trust (J-REIT) that invests primarily in office buildings. Through its portfolio of income-producing properties, the fund seeks to generate stable rental income and long-term asset value for investors.

The corporation focuses mainly on high-quality office properties in the Tokyo metropolitan area, while also holding selected assets in other major Japanese cities. Its activities include property ownership, leasing, building management and the ongoing acquisition and disposition of real estate assets.

Nippon Building Fund was established in 2001 and became one of Japan’s early publicly listed real estate investment trusts.