Short Interest in SoftBank Corp. (OTCMKTS:SOBKY) Rises By 126.8%

SoftBank Corp. (OTCMKTS:SOBKY) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 47,400 shares, an increase of 126.8% from the September 15th total of 20,900 shares. Based on an average daily volume of 151,500 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 151,500 shares, the short-interest ratio is presently 0.3 days.

SoftBank Price Performance

OTCMKTS SOBKY opened at $14.46 on Wednesday. The company’s 50 day moving average is $15.25 and its 200-day moving average is $15.10. SoftBank has a 12-month low of $11.82 and a 12-month high of $17.25.

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.