SoftBank Corp. (OTCMKTS:SOBKY – Get Free Report) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 39,878 shares, an increase of 204.6% from the December 15th total of 13,094 shares. Based on an average daily volume of 325,507 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 325,507 shares, the short-interest ratio is currently 0.1 days.
SoftBank Stock Up 1.0%
Shares of SoftBank stock opened at $13.73 on Tuesday. SoftBank has a 1 year low of $11.82 and a 1 year high of $17.25. The stock has a fifty day moving average price of $14.02 and a 200-day moving average price of $14.71.
About SoftBank
SoftBank Group Corp., trading on the OTCMKTS as SOBKY, is a Japan-based multinational holding company with diversified interests in technology, telecommunications and investment management. Founded in 1981 by Masayoshi Son, SoftBank initially built its reputation as a domestic telecom operator before pivoting toward global technology investments. Headquartered in Tokyo, the company operates through several key subsidiaries and strategic partnerships to deliver broadband and mobile services, enterprise network solutions, and cloud-based platforms.
In addition to its core telecommunications business, SoftBank is widely recognized for its Vision Fund, one of the world’s largest technology-focused investment vehicles.
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