Short Interest in SoftBank Corp. (OTCMKTS:SOBKY) Increases By 154.8%

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

SoftBank Trading Up 0.7 %

Shares of OTCMKTS:SOBKY traded up $0.10 on Friday, hitting $14.39. 42,387 shares of the company’s stock were exchanged, compared to its average volume of 103,721. The firm’s 50-day moving average is $13.74 and its 200 day moving average is $13.14. SoftBank has a 1-year low of $11.48 and a 1-year high of $15.00.

About SoftBank

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.