SoftBank Corp. (OTCMKTS:SOBKY) Short Interest Update

SoftBank Corp. (OTCMKTS:SOBKY) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 13,094 shares, a decline of 57.8% from the November 30th total of 31,026 shares. Based on an average trading volume of 226,277 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 226,277 shares, the days-to-cover ratio is presently 0.1 days.

SoftBank Price Performance

SoftBank stock traded up $0.10 during mid-day trading on Friday, reaching $13.81. The company had a trading volume of 132,682 shares, compared to its average volume of 86,655. The company has a 50 day moving average of $14.16 and a 200-day moving average of $14.82. SoftBank has a 52 week low of $11.82 and a 52 week high of $17.25.

About SoftBank

SoftBank Group Corp., trading on the OTCMKTS as SOBKY, is a Japan-based multinational holding company with diversified interests in technology, telecommunications and investment management. Founded in 1981 by Masayoshi Son, SoftBank initially built its reputation as a domestic telecom operator before pivoting toward global technology investments. Headquartered in Tokyo, the company operates through several key subsidiaries and strategic partnerships to deliver broadband and mobile services, enterprise network solutions, and cloud-based platforms.

In addition to its core telecommunications business, SoftBank is widely recognized for its Vision Fund, one of the world’s largest technology-focused investment vehicles.