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

SoftBank Group Corp. (OTCMKTS:SFTBF) was the target of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 1,123,600 shares, a decrease of 17.4% from the October 15th total of 1,360,100 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is presently 1,021.5 days.

SoftBank Group Price Performance

SFTBF traded down $2.94 during trading on Friday, reaching $56.56. The company’s stock had a trading volume of 1,664 shares, compared to its average volume of 10,141. The company’s fifty day moving average price is $58.92 and its 200-day moving average price is $58.91. SoftBank Group has a 52-week low of $38.39 and a 52-week high of $75.20.

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.