$SoftBank Group Corp (9984.JP)$ (OTCMKTS:SFTBF – Get Rating) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 2,455,700 shares,  an increase of 25.0% from the August 15th total of 1,965,200 shares. Based on an average daily trading volume, of 2,800 shares, the days-to-cover ratio is presently 877.0 days.

SoftBank Group Stock Performance

Shares of OTCMKTS SFTBF traded down $0.02 during mid-day trading on Friday, reaching $37.26. 662 shares of the company were exchanged, compared to its average volume of 4,633. SoftBank Group has a twelve month low of $34.47 and a twelve month high of $62.42. The company's 50-day simple moving average is $40.09 and its 200-day simple moving average is $40.65.

SoftBank Group Company Profile

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SoftBank Group Corp. provides telecommunication services in Japan and internationally. It operates through five segments: Investment Business of Holding Companies, SoftBank Vision Funds, SoftBank, Arm, and Latin America Funds. The company offers mobile communications, broadband, and fixed-line communications services; and sells mobile devices.

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