State Bank of India (OTCMKTS:SBKFF) Short Interest Update

State Bank of India (OTCMKTS:SBKFF) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 11,334 shares, a growth of 125.0% from the January 15th total of 5,037 shares. Based on an average trading volume of 781 shares, the days-to-cover ratio is currently 14.5 days. Based on an average trading volume of 781 shares, the days-to-cover ratio is currently 14.5 days.

State Bank of India Price Performance

OTCMKTS SBKFF opened at $128.90 on Thursday. The company’s fifty day simple moving average is $112.34 and its 200-day simple moving average is $104.66. State Bank of India has a 52 week low of $83.00 and a 52 week high of $128.90.

About State Bank of India

State Bank of India (OTCMKTS: SBKFF) is India’s largest public sector bank and one of the country’s oldest financial institutions. Tracing its roots to the early 19th century as the Bank of Calcutta, it was reorganized as the Imperial Bank of India in 1921 and later nationalized and renamed in 1955 by the Government of India. Headquartered in Mumbai, the bank serves as the flagship entity of the State Bank Group, which includes several regional and associate banks consolidated under its umbrella.

The bank offers a comprehensive suite of financial products and services that span retail banking, corporate banking, and treasury operations.