State Bank of India (OTCMKTS:SBKFF) Short Interest Update

State Bank of India (OTCMKTS:SBKFF) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 6,238 shares, an increase of 92.2% from the December 15th total of 3,246 shares. Based on an average trading volume of 43 shares, the days-to-cover ratio is presently 145.1 days. Based on an average trading volume of 43 shares, the days-to-cover ratio is presently 145.1 days.

State Bank of India Price Performance

Shares of SBKFF opened at $117.24 on Friday. State Bank of India has a 52 week low of $80.75 and a 52 week high of $117.24. The stock has a 50 day moving average price of $106.04 and a two-hundred day moving average price of $101.64.

About State Bank of India

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.