Short Interest in SoftBank Corp. (OTCMKTS:SOBKY) Increases By 31.7%

SoftBank Corp. (OTCMKTS:SOBKY) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 24,500 shares, an increase of 31.7% from the March 15th total of 18,600 shares. Based on an average daily volume of 109,100 shares, the days-to-cover ratio is presently 0.2 days.

SoftBank Price Performance

SOBKY opened at $15.25 on Friday. SoftBank has a 1 year low of $11.48 and a 1 year high of $15.77. The firm has a 50 day moving average price of $14.21 and a 200 day moving average price of $13.20.

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.