SoftBank Group Corp. (OTCMKTS:SFTBY) Short Interest Update

SoftBank Group Corp. (OTCMKTS:SFTBY) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 893,600 shares, an increase of 3,209.6% from the October 31st total of 27,000 shares. Based on an average daily volume of 1,050,000 shares, the days-to-cover ratio is presently 0.9 days.

SoftBank Group Trading Down 0.6 %

SFTBY stock traded down $0.16 during trading on Wednesday, reaching $28.64. The company had a trading volume of 249,954 shares, compared to its average volume of 509,654. The company has a market cap of $84.20 billion, a P/E ratio of 5.76 and a beta of 1.16. SoftBank Group has a 52 week low of $19.24 and a 52 week high of $37.19. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.79 and a quick ratio of 0.78. The business has a 50 day moving average of $29.69 and a 200 day moving average of $29.87.

About SoftBank Group

SoftBank Group Corp. provides telecommunication services in Japan and internationally. It operates through Investment Business of Holding Companies, SoftBank Vision Funds, SoftBank, Arm, and Other segments. The company offers mobile communications and solutions to enterprise customers, and broadband services to retail customers; and sells mobile devices and software tools, as well as related services.