SoftBank Group Corp. (OTCMKTS:SFTBF) Short Interest Update

SoftBank Group Corp. (OTCMKTS:SFTBF) saw a large decrease in short interest in October. As of October 31st, there was short interest totalling 1,123,600 shares, a decrease of 17.4% from the October 15th total of 1,360,100 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is currently 1,021.5 days.

SoftBank Group Stock Down 4.9 %

SFTBF stock traded down $2.94 during midday trading on Friday, hitting $56.56. The stock had a trading volume of 1,664 shares, compared to its average volume of 10,141. SoftBank Group has a 12-month low of $38.39 and a 12-month high of $75.20. The company’s 50-day moving average price is $58.92 and its 200 day moving average price is $58.91.

About SoftBank Group

SoftBank Group Corp. provides telecommunication services in Japan and internationally. It operates through Investment Business of Holding Companies, SoftBank Vision Funds, SoftBank, Arm, and Other segments. The company offers mobile communications and solutions to enterprise customers, and broadband services to retail customers; and sells mobile devices and software tools, as well as related services.