SoftBank Group Corp. (OTCMKTS:SFTBY) Short Interest Update

SoftBank Group Corp. (OTCMKTS:SFTBY) saw a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 493,900 shares, a decline of 67.0% from the January 31st total of 1,495,500 shares. Based on an average trading volume of 1,350,200 shares, the short-interest ratio is presently 0.4 days.

SoftBank Group Price Performance

OTCMKTS:SFTBY traded down $0.54 during trading hours on Friday, reaching $27.67. The stock had a trading volume of 351,095 shares, compared to its average volume of 789,264. The stock has a market capitalization of $81.35 billion, a PE ratio of 13.90 and a beta of 1.14. SoftBank Group has a 52 week low of $22.35 and a 52 week high of $37.19. The company has a 50 day moving average price of $30.18 and a two-hundred day moving average price of $29.70. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.67 and a current ratio of 0.68.

SoftBank Group (OTCMKTS:SFTBY) last announced its quarterly earnings results on Wednesday, February 12th. The technology company reported ($0.83) earnings per share for the quarter. SoftBank Group had a return on equity of 6.65% and a net margin of 12.74%. As a group, sell-side analysts anticipate that SoftBank Group will post 2.22 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group downgraded shares of SoftBank Group from a “buy” rating to a “hold” rating in a report on Friday, December 20th.

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.