SoftBank Group Corp. (OTCMKTS:SFTBY) Short Interest Update

SoftBank Group Corp. (OTCMKTS:SFTBY) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 893,600 shares, an increase of 3,209.6% from the October 31st total of 27,000 shares. Based on an average trading volume of 1,050,000 shares, the days-to-cover ratio is presently 0.9 days.

SoftBank Group Stock Performance

OTCMKTS:SFTBY traded down $0.16 during mid-day trading on Wednesday, reaching $28.64. 249,954 shares of the stock were exchanged, compared to its average volume of 509,654. The company has a quick ratio of 0.78, a current ratio of 0.79 and a debt-to-equity ratio of 0.82. SoftBank Group has a 1 year low of $19.24 and a 1 year high of $37.19. The company has a 50 day simple moving average of $29.69 and a 200-day simple moving average of $29.87. The stock has a market capitalization of $84.20 billion, a P/E ratio of 5.76 and a beta of 1.16.

SoftBank Group Company Profile

SoftBank Group Corp. provides telecommunication services in Japan and internationally. It operates through Investment Business of Holding Companies, SoftBank Vision Funds, SoftBank, Arm, and Other segments. The company offers mobile communications and solutions to enterprise customers, and broadband services to retail customers; and sells mobile devices and software tools, as well as related services.