Short Interest in SBI Holdings, Inc. (OTCMKTS:SBHGF) Drops By 22.4%

SBI Holdings, Inc. (OTCMKTS:SBHGFGet Free Report) saw a large decline in short interest in July. As of July 15th, there was short interest totalling 571,500 shares, a decline of 22.4% from the June 30th total of 736,200 shares. Based on an average daily trading volume, of 1,300 shares, the short-interest ratio is currently 439.6 days.

SBI Price Performance

The company has a market capitalization of $7.37 billion, a PE ratio of 12.32 and a beta of 0.96. The business has a 50 day moving average of $25.24 and a 200-day moving average of $25.17. SBI has a fifty-two week low of $19.29 and a fifty-two week high of $27.02.

SBI (OTCMKTS:SBHGFGet Free Report) last posted its earnings results on Friday, May 10th. The company reported $0.61 earnings per share for the quarter. SBI had a net margin of 7.21% and a return on equity of 4.79%. The firm had revenue of $2.33 billion for the quarter.

About SBI

(Get Free Report)

SBI Holdings, Inc engages in the online securities and investment businesses. It operates through five business segments: Financial Services Business, Asset Management Business, Investment Business, Crypto-Asset Business, and Non-financial Business segments. The Financial Services Business segment consists of a range of finance-related business, including securities brokerage business; banking services business; and life, property, and casualty insurance business.

Further Reading

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