SoftBank Corp. (OTCMKTS:SOBKY) Short Interest Up 46.1% in August

SoftBank Corp. (OTCMKTS:SOBKY) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 27,900 shares, a growth of 46.1% from the August 15th total of 19,100 shares. Based on an average daily trading volume, of 57,300 shares, the short-interest ratio is presently 0.5 days.

SoftBank Stock Performance

Shares of SOBKY stock traded down $0.07 during trading hours on Monday, reaching $14.08. The company had a trading volume of 26,900 shares, compared to its average volume of 58,138. The business has a fifty day moving average price of $13.19 and a 200-day moving average price of $12.72. SoftBank has a one year low of $10.83 and a one year high of $14.38.

SoftBank Company Profile

SoftBank Corp., together with its subsidiaries, engages in the telecommunication and information technology businesses in Japan. It operates through Consumer, Broadband, Electricity, Yahoo/LINE Business, Financial, and Other Business segments. The Consumer segment offers mobile services under the SoftBank, Y!mobile, LINE MOBILE, and LINEMO brands.