State Bank of India (OTCMKTS:SBKFF) Stock Short Interest Report for September

State Bank of India (OTCMKTS:SBKFF) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 3,935 shares, a decrease of 54.8% from the September 15th total of 8,714 shares. Based on an average daily trading volume, of 47 shares, the days-to-cover ratio is presently 83.7 days.

Institutional Trading of State Bank of India

A hedge fund recently bought a new position in State Bank of India stock. Aubrey Capital Management Ltd acquired a new stake in State Bank of India (OTCMKTS:SBKFF) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 12,299 shares of the company’s stock, valued at approximately $1,333,000. 1.74% of the stock is owned by institutional investors.

State Bank of India Price Performance

Shares of OTCMKTS:SBKFF remained flat at $102.25 during midday trading on Tuesday. State Bank of India has a fifty-two week low of $90.21 and a fifty-two week high of $140.06. The stock has a 50 day moving average of $106.22 and a 200-day moving average of $107.57.

About State Bank of India

State Bank of India is an Indian public-sector banking and financial services institution headquartered in Mumbai, India. It provides banking products and services to individuals, businesses, government entities and institutional customers through its domestic and international operations.

The bank’s activities include personal and commercial banking, corporate and investment banking, agricultural and rural finance, treasury services, international banking, payment and card services, and digital banking.