SoftBank Corp. (OTCMKTS:SOBKY – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 161,309 shares, a growth of 76.5% from the August 31st total of 91,410 shares. Based on an average daily volume of 349,015 shares, the days-to-cover ratio is presently 0.5 days.
SoftBank Stock Performance
SoftBank stock traded down $0.20 during mid-day trading on Tuesday, hitting $15.52. The company had a trading volume of 11,095 shares, compared to its average volume of 183,142. SoftBank has a 1 year low of $12.44 and a 1 year high of $16.42. The business has a fifty day moving average of $14.91 and a 200 day moving average of $14.00.
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.
Featured Stories
- Five stocks we like better than SoftBank
- Why SpaceX Investors Should Look Past Starship’s Fiery Splashdown
- Meta’s Muse Is Taking Aim at E-Commerce, But Amazon Isn’t Playing Along
- NVIDIA Just Strengthened the Case for Its Massive Stock Price Upside
- Apple, Meta, and SpaceX Are Driving a Device Boom—These 3 Stocks Could Benefit
Receive News & Ratings for SoftBank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SoftBank and related companies with MarketBeat.com's FREE daily email newsletter.
