SoftBank Corp. (OTCMKTS:SOBKY – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 161,309 shares, an increase of 76.5% from the August 31st total of 91,410 shares. Based on an average trading volume of 349,015 shares, the short-interest ratio is presently 0.5 days.
SoftBank Stock Performance
OTCMKTS SOBKY traded down $0.20 during trading hours on Tuesday, hitting $15.52. The company had a trading volume of 11,095 shares, compared to its average volume of 183,142. SoftBank has a 1-year low of $12.44 and a 1-year high of $16.42. The business has a 50 day moving average of $14.91 and a 200-day moving average of $14.00.
About SoftBank
SoftBank Group Corp. is a Japanese holding and investment company with interests in telecommunications, technology, internet services and artificial intelligence. Through its subsidiaries and investment vehicles, the company supports and invests in businesses involved in mobile communications, broadband, software, e-commerce, semiconductors and other technology-related industries.
SoftBank was founded in Japan in 1981 by Masayoshi Son, who has long served as the company’s founder and chief executive.
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