SoftBank Group Corp. (OTCMKTS:SFTBF) Short Interest Down 26.5% in November

SoftBank Group Corp. (OTCMKTS:SFTBF) saw a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 1,106,300 shares, a drop of 26.5% from the November 15th total of 1,504,400 shares. Based on an average trading volume of 2,600 shares, the days-to-cover ratio is currently 425.5 days.

SoftBank Group Stock Performance

OTCMKTS SFTBF traded down $1.42 during trading on Friday, hitting $58.58. The stock had a trading volume of 1,151 shares, compared to its average volume of 9,449. The firm has a 50 day moving average price of $58.85 and a 200 day moving average price of $59.78. SoftBank Group has a twelve month low of $40.40 and a twelve month high of $75.20.

SoftBank Group Company Profile

SoftBank Group Corp. provides telecommunication services in Japan and internationally. It operates through Investment Business of Holding Companies, SoftBank Vision Funds, SoftBank, Arm, and Other segments. The company offers mobile communications and solutions to enterprise customers, and broadband services to retail customers; and sells mobile devices and software tools, as well as related services.