SoftBank Corp. (OTCMKTS:SOBKY) Short Interest Up 154.8% in March

SoftBank Corp. (OTCMKTS:SOBKY) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 18,600 shares, a growth of 154.8% from the February 28th total of 7,300 shares. Based on an average daily trading volume, of 118,900 shares, the days-to-cover ratio is currently 0.2 days.

SoftBank Price Performance

Shares of SOBKY traded down $0.04 during midday trading on Friday, reaching $14.29. 29,978 shares of the stock were exchanged, compared to its average volume of 104,807. SoftBank has a 52 week low of $11.48 and a 52 week high of $15.00. The company’s 50 day moving average is $13.70 and its two-hundred day moving average is $13.14.

SoftBank Company Profile

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.