$SoftBank Group Corp (9984.JP)$ (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
(Get Rating)
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.
See Also
Get a free copy of the StockNews.com research report on SoftBank Group (SFTBF)
Stock Market: 3 Islands Of Strength In A Sea Of Red
3 Banks Worth Considering For Q4
No One Told These 3 Stocks It's a Down Week
MarketBeat: Week in Review 9/12 – 9/16
Is There a Cure for What is Ailing Teladoc Stock?
Receive News & Ratings for SoftBank Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SoftBank Group and related companies with MarketBeat.com's FREE daily email newsletter.