Short Interest in SoftBank Corp. (OTCMKTS:SFBQF) Grows By 1,206.0%

SoftBank Corp. (OTCMKTS:SFBQF) was the target of a large increase in short interest in September. As of September 30th, there was short interest totalling 53,716,500 shares, an increase of 1,206.0% from the September 15th total of 4,113,000 shares. Based on an average trading volume of 7,200 shares, the short-interest ratio is currently 7,460.6 days.

SoftBank Stock Down 1.4 %

OTCMKTS:SFBQF traded down $0.02 during trading on Friday, reaching $1.37. The company’s stock had a trading volume of 14,177 shares, compared to its average volume of 20,812. SoftBank has a 12 month low of $1.09 and a 12 month high of $1.55. The firm has a 50 day moving average of $1.33 and a 200-day moving average of $1.28.

SoftBank Company Profile

SoftBank Corp., together with its subsidiaries, engages in the telecommunication and information technology businesses in Japan. It operates through Consumer, Broadband, Electricity, Yahoo/LINE Business, Financial, and Other Business segments. The Consumer segment offers mobile services under the SoftBank, Y!mobile, LINE MOBILE, and LINEMO brands.