SoftBank Corp. (OTCMKTS:SOBKY) Short Interest Update

SoftBank Corp. (OTCMKTS:SOBKYGet Free Report) was the target of a significant drop in short interest in February. As of February 28th, there was short interest totalling 7,300 shares, a drop of 83.9% from the February 13th total of 45,400 shares. Based on an average daily volume of 129,500 shares, the short-interest ratio is presently 0.1 days.

SoftBank Stock Down 1.3 %

SoftBank stock traded down $0.18 during midday trading on Thursday, hitting $14.07. The stock had a trading volume of 60,688 shares, compared to its average volume of 116,115. The business has a fifty day moving average price of $13.26 and a 200 day moving average price of $13.10. SoftBank has a 12 month low of $11.48 and a 12 month high of $15.00.

About SoftBank

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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.

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