SBI Holdings, Inc. (OTCMKTS:SBHGF) Sees Significant Decline in Short Interest

SBI Holdings, Inc. (OTCMKTS:SBHGF) was the recipient of a large decrease in short interest in November. As of November 30th, there was short interest totalling 241,300 shares, a decrease of 30.9% from the November 15th total of 349,000 shares. Based on an average daily trading volume, of 900 shares, the days-to-cover ratio is presently 268.1 days.

SBI Stock Up 2.9 %

SBHGF traded up $0.75 on Friday, hitting $26.50. The company had a trading volume of 294 shares, compared to its average volume of 552. The company has a market cap of $8.01 billion, a PE ratio of 12.80 and a beta of 1.00. The business’s fifty day simple moving average is $22.92 and its 200 day simple moving average is $23.69. SBI has a 12-month low of $19.00 and a 12-month high of $27.02.

About SBI

SBI Holdings, Inc engages in the online securities and investment businesses. It operates through five business segments: Financial Services Business, Asset Management Business, Investment Business, Crypto-Asset Business, and Non-financial Business segments. The Financial Services Business segment consists of a range of finance-related business, including securities brokerage business; banking services business; and life, property, and casualty insurance business.