State Bank of India (OTCMKTS:SBKFF) Short Interest Update

State Bank of India (OTCMKTS:SBKFF) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 63,300 shares, a drop of 28.1% from the February 28th total of 88,100 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 316.5 days.

State Bank of India Price Performance

Shares of State Bank of India stock remained flat at $85.00 during trading hours on Tuesday. 4 shares of the stock were exchanged, compared to its average volume of 183. The business’s 50 day simple moving average is $82.30 and its 200 day simple moving average is $91.12. State Bank of India has a 12-month low of $80.75 and a 12-month high of $112.85.

About State Bank of India

State Bank of India provides banking products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business segments.