SoftBank Corp. (OTCMKTS:SOBKY – Get Free Report) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 640,145 shares, a growth of 296.8% from the September 15th total of 161,309 shares. Based on an average daily trading volume, of 844,424 shares, the short-interest ratio is presently 0.8 days.
SoftBank Price Performance
Shares of SOBKY stock remained flat at $15.29 during mid-day trading on Friday. 64,485 shares of the stock were exchanged, compared to its average volume of 190,733. The firm’s 50 day moving average price is $15.14 and its 200 day moving average price is $14.11. SoftBank has a 12-month low of $12.44 and a 12-month high of $16.42.
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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