SBI Holdings, Inc. (OTCMKTS:SBHGF) Sees Significant Drop in Short Interest

SBI Holdings, Inc. (OTCMKTS:SBHGF) saw a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 241,300 shares, a decrease of 30.9% from the November 15th total of 349,000 shares. Based on an average daily volume of 900 shares, the short-interest ratio is presently 268.1 days.

SBI Stock Performance

Shares of OTCMKTS:SBHGF traded up $0.75 on Friday, hitting $26.50. 294 shares of the company’s stock were exchanged, compared to its average volume of 631. The company has a market capitalization of $8.01 billion, a PE ratio of 12.80 and a beta of 1.00. SBI has a 1-year low of $19.00 and a 1-year high of $27.02. The firm’s 50-day moving average is $22.92 and its 200 day moving average is $23.69.

SBI Company Profile

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.