SoftBank Group Corp. (OTCMKTS:SFTBY) Short Interest Up 3,209.6% in November

SoftBank Group Corp. (OTCMKTS:SFTBY) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 893,600 shares, a growth of 3,209.6% from the October 31st total of 27,000 shares. Based on an average daily volume of 1,050,000 shares, the days-to-cover ratio is currently 0.9 days.

SoftBank Group Trading Up 0.8 %

Shares of OTCMKTS SFTBY opened at $28.87 on Thursday. SoftBank Group has a 12-month low of $19.24 and a 12-month high of $37.19. The company has a market cap of $84.88 billion, a price-to-earnings ratio of 5.77 and a beta of 1.16. The company has a current ratio of 0.79, a quick ratio of 0.78 and a debt-to-equity ratio of 0.82. The stock’s 50 day simple moving average is $29.69 and its 200 day simple moving average is $29.86.

About SoftBank Group

SoftBank Group Corp. provides telecommunication services in Japan and internationally. It operates through Investment Business of Holding Companies, SoftBank Vision Funds, SoftBank, Arm, and Other segments. The company offers mobile communications and solutions to enterprise customers, and broadband services to retail customers; and sells mobile devices and software tools, as well as related services.