SoftBank Corp. (OTCMKTS:SOBKY) Short Interest Down 72.2% in July

SoftBank Corp. (OTCMKTS:SOBKY) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 66,944 shares, a decrease of 72.2% from the July 15th total of 240,642 shares. Based on an average daily volume of 294,585 shares, the days-to-cover ratio is presently 0.2 days.

SoftBank Trading Up 1.7%

Shares of OTCMKTS:SOBKY opened at $14.58 on Thursday. The company has a 50-day moving average price of $13.43 and a two-hundred day moving average price of $13.61. SoftBank has a twelve month low of $12.44 and a twelve month high of $17.25.

About SoftBank

SoftBank Group Corp., trading on the OTCMKTS as SOBKY, is a Japan-based multinational holding company with diversified interests in technology, telecommunications and investment management. Founded in 1981 by Masayoshi Son, SoftBank initially built its reputation as a domestic telecom operator before pivoting toward global technology investments. Headquartered in Tokyo, the company operates through several key subsidiaries and strategic partnerships to deliver broadband and mobile services, enterprise network solutions, and cloud-based platforms.

In addition to its core telecommunications business, SoftBank is widely recognized for its Vision Fund, one of the world’s largest technology-focused investment vehicles.