SoftBank Corp. (OTCMKTS:SOBKY) Short Interest Up 69.2% in December

SoftBank Corp. (OTCMKTS:SOBKY) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 137,400 shares, a growth of 69.2% from the December 15th total of 81,200 shares. Based on an average daily trading volume, of 231,700 shares, the short-interest ratio is presently 0.6 days.

SoftBank Price Performance

Shares of OTCMKTS SOBKY traded up $0.11 during trading hours on Thursday, reaching $12.29. 218,026 shares of the stock were exchanged, compared to its average volume of 244,625. SoftBank has a 52 week low of $11.48 and a 52 week high of $14.38. The stock’s fifty day simple moving average is $12.65 and its 200 day simple moving average is $12.91.

SoftBank Company Profile

SoftBank Corp., together with its subsidiaries, engages in the telecommunication and information technology businesses in Japan. It operates through Consumer, Broadband, Electricity, Yahoo/LINE Business, Financial, and Other Business segments. The Consumer segment offers mobile services under the SoftBank, Y!mobile, LINE MOBILE, and LINEMO brands.