Short Interest in SoftBank Group Corp. (OTCMKTS:SFTBF) Expands By 24.0%

SoftBank Group Corp. (OTCMKTS:SFTBF) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 2,066,500 shares, an increase of 24.0% from the January 31st total of 1,667,200 shares. Based on an average trading volume of 17,900 shares, the days-to-cover ratio is currently 115.4 days.

SoftBank Group Stock Up 2.1 %

Shares of OTCMKTS:SFTBF traded up $1.08 during trading on Wednesday, hitting $53.74. 4,333 shares of the company traded hands, compared to its average volume of 14,430. The business’s fifty day moving average is $59.99 and its 200-day moving average is $58.90. SoftBank Group has a one year low of $46.94 and a one year 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.