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

SoftBank Group Corp. (OTCMKTS:SFTBY) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 495,600 shares, an increase of 203.7% from the September 30th total of 163,200 shares. Based on an average trading volume of 1,009,800 shares, the short-interest ratio is presently 0.5 days.

SoftBank Group Price Performance

OTCMKTS:SFTBY traded up $0.11 during mid-day trading on Friday, reaching $28.85. 286,445 shares of the stock were exchanged, compared to its average volume of 537,632. The business has a fifty day moving average price of $29.30 and a 200 day moving average price of $29.22. The firm has a market capitalization of $84.82 billion, a PE ratio of 319.37 and a beta of 1.16. SoftBank Group has a 1-year low of $18.19 and a 1-year high of $37.19. The company has a current ratio of 0.79, a quick ratio of 0.78 and a debt-to-equity ratio of 0.82.

SoftBank Group (OTCMKTS:SFTBY) last released its earnings results on Wednesday, August 7th. The technology company reported ($0.40) earnings per share (EPS) for the quarter. The firm had revenue of $10.92 billion for the quarter. SoftBank Group had a return on equity of 0.50% and a net margin of 0.92%. Research analysts expect that SoftBank Group will post 2.13 earnings per share for the current fiscal year.

SoftBank Group Company Profile

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.