Short Interest in SoftBank Corp. (OTCMKTS:SOBKY) Rises By 309.5%

SoftBank Corp. (OTCMKTS:SOBKY) was the recipient of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 47,500 shares, an increase of 309.5% from the October 31st total of 11,600 shares. Based on an average daily volume of 156,600 shares, the short-interest ratio is presently 0.3 days.

SoftBank Price Performance

SoftBank stock traded up $0.08 during midday trading on Wednesday, hitting $12.55. 58,883 shares of the stock were exchanged, compared to its average volume of 58,299. The stock’s 50-day simple moving average is $12.78 and its 200 day simple moving average is $12.80. SoftBank has a fifty-two week low of $11.48 and a fifty-two week 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.