SoftBank Corp. (OTCMKTS:SFBQF) Short Interest Update

SoftBank Corp. (OTCMKTS:SFBQFGet Free Report) was the recipient of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 43,684,400 shares, a decline of 20.2% from the October 31st total of 54,717,400 shares. Based on an average daily volume of 11,800 shares, the days-to-cover ratio is presently 3,702.1 days.

SoftBank Price Performance

SoftBank stock opened at $1.35 on Monday. SoftBank has a twelve month low of $1.13 and a twelve month high of $1.55. The company’s 50-day moving average price is $1.27 and its two-hundred day moving average price is $1.29.

SoftBank Company Profile

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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.

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