SoftBank Corp. (OTCMKTS:SOBKY – Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 640,145 shares, an increase of 296.8% from the September 15th total of 161,309 shares. Based on an average trading volume of 844,424 shares, the short-interest ratio is currently 0.8 days.
SoftBank Price Performance
OTCMKTS SOBKY opened at $15.20 on Tuesday. SoftBank has a one year low of $12.44 and a one year high of $16.42. The company’s 50-day simple moving average is $15.16 and its two-hundred day simple moving average is $14.12.
SoftBank Company Profile
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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