Short Interest in SoftBank Corp. (OTCMKTS:SOBKY) Increases By 309.5%

SoftBank Corp. (OTCMKTS:SOBKY) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 47,500 shares, a growth of 309.5% from the October 31st total of 11,600 shares. Based on an average daily trading volume, of 156,600 shares, the days-to-cover ratio is currently 0.3 days.

SoftBank Stock Performance

OTCMKTS SOBKY traded up $0.08 during trading on Wednesday, hitting $12.55. The stock had a trading volume of 58,883 shares, compared to its average volume of 58,299. The firm has a 50 day moving average price of $12.78 and a 200 day moving average price of $12.80. SoftBank has a twelve month low of $11.48 and a twelve month high of $14.38.

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.