SoftBank Corp. (OTCMKTS:SOBKY – Get Free Report) was the target of a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 26,149 shares, a decline of 79.4% from the October 15th total of 127,028 shares. Based on an average trading volume of 159,660 shares, the days-to-cover ratio is currently 0.2 days.
SoftBank Stock Up 0.8%
Shares of SOBKY stock traded up $0.12 during trading hours on Thursday, reaching $14.76. 85,718 shares of the stock traded hands, compared to its average volume of 180,348. The business has a fifty day moving average price of $15.35 and a 200 day moving average price of $14.13. SoftBank has a 1-year low of $12.44 and a 1-year high of $16.42.
SoftBank Company Profile
SoftBank Group Corp. is a Japan-based investment holding company founded in 1981 by Masayoshi Son. The company began as a distributor of computer software and expanded into telecommunications, internet services and technology investments. It is headquartered in Tokyo and has business and investment activities spanning Japan, the United States, Europe, Asia and other international markets. SoftBank Group manages a broad portfolio of technology-related businesses and investments through its investment subsidiaries and funds.
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