State Bank of India (OTCMKTS:SBKFF – Get Free Report) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 3,922 shares, a decrease of 78.7% from the July 15th total of 18,373 shares. Based on an average daily volume of 305 shares, the days-to-cover ratio is presently 12.9 days.
State Bank of India Stock Performance
OTCMKTS SBKFF remained flat at $113.46 during trading hours on Thursday. The company had a trading volume of 56 shares, compared to its average volume of 423. State Bank of India has a 1 year low of $90.21 and a 1 year high of $140.06. The stock has a 50-day simple moving average of $108.98 and a 200 day simple moving average of $114.01.
State Bank of India Company Profile
State Bank of India (OTCMKTS: SBKFF) is India’s largest public sector bank and one of the country’s oldest financial institutions. Tracing its roots to the early 19th century as the Bank of Calcutta, it was reorganized as the Imperial Bank of India in 1921 and later nationalized and renamed in 1955 by the Government of India. Headquartered in Mumbai, the bank serves as the flagship entity of the State Bank Group, which includes several regional and associate banks consolidated under its umbrella.
The bank offers a comprehensive suite of financial products and services that span retail banking, corporate banking, and treasury operations.
See Also
- Five stocks we like better than State Bank of India
- Ryman Checks Into a $1.38B Hospitality Upgrade
- Axos Financial Keeps Proving the Digital Banking Model Works
- SpaceX’s First Earnings Report Only Made Wall Street More Divided
- Plug Power Charges Ahead: Margin Expansion Sparks a Rally
Receive News & Ratings for State Bank of India Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for State Bank of India and related companies with MarketBeat.com's FREE daily email newsletter.
