SoftBank Corp. (OTCMKTS:SOBKY) Short Interest Up 31.7% in March

SoftBank Corp. (OTCMKTS:SOBKY) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 24,500 shares, an increase of 31.7% from the March 15th total of 18,600 shares. Based on an average trading volume of 109,100 shares, the short-interest ratio is currently 0.2 days.

SoftBank Price Performance

Shares of OTCMKTS:SOBKY opened at $15.25 on Monday. The business’s 50-day moving average is $14.21 and its 200-day moving average is $13.21. SoftBank has a 1 year low of $11.48 and a 1 year high of $15.77.

About SoftBank

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.