SoftBank Corp. (OTCMKTS:SOBKY) Short Interest Update

SoftBank Corp. (OTCMKTS:SOBKY) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 9,800 shares, a decline of 76.9% from the February 29th total of 42,400 shares. Based on an average trading volume of 151,100 shares, the short-interest ratio is presently 0.1 days.

SoftBank Price Performance

SOBKY traded down $0.30 during trading on Thursday, reaching $12.88. 28,726 shares of the company’s stock were exchanged, compared to its average volume of 52,186. The company’s fifty day moving average price is $13.19 and its 200-day moving average price is $12.30. SoftBank has a fifty-two week low of $10.21 and a fifty-two week high of $13.81.

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.