State Bank of India (OTCMKTS:SBKFF) Short Interest Down 24.5% in September

State Bank of India (OTCMKTS:SBKFF) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 68,100 shares, a drop of 24.5% from the September 15th total of 90,200 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 681.0 days.

State Bank of India Price Performance

OTCMKTS:SBKFF remained flat at $96.50 during mid-day trading on Monday. The company’s 50 day simple moving average is $98.40 and its two-hundred day simple moving average is $96.95. State Bank of India has a one year low of $67.03 and a one year high of $112.85.

About State Bank of India

State Bank of India provides banking products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business segments.