SoftBank Corp. (OTCMKTS:SFBQF) Short Interest Up 1,206.0% in September

SoftBank Corp. (OTCMKTS:SFBQF) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 53,716,500 shares, a growth of 1,206.0% from the September 15th total of 4,113,000 shares. Based on an average trading volume of 7,200 shares, the days-to-cover ratio is presently 7,460.6 days.

SoftBank Trading Down 1.4 %

SFBQF traded down $0.02 during trading hours on Friday, hitting $1.37. The stock had a trading volume of 14,177 shares, compared to its average volume of 20,812. SoftBank has a 1 year low of $1.09 and a 1 year high of $1.55. The company’s fifty day simple moving average is $1.33 and its 200 day simple moving average is $1.28.

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.