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NEW YORK ( TheStreet) -- Sun Communities (NYSE: SUI) hit a new 52-week high Thursday as it is currently trading at $38.70, above its previous 52-week high of $38.03 with 33,919 shares traded as of 11:29 a.m. ET. Average volume has been 88,500 shares over the past 30 days. Sun has a market cap of $783 million and is part of the financial sector and real estate industry. Shares are up 14.1% year to date as of the close of trading on Wednesday. Sun Communities, Inc. operates as a real estate investment trust (REIT). It owns, operates, and develops manufactured housing communities in the midwestern, southern, and southeastern United States.