SBI Holdings, Inc. (OTCMKTS:SBHGF) Short Interest Update

SBI Holdings, Inc. (OTCMKTS:SBHGF) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 615,200 shares, an increase of 117.5% from the February 28th total of 282,800 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 3,900 shares, the short-interest ratio is presently 157.7 days.

SBI Price Performance

SBHGF traded down $0.34 during trading hours on Friday, reaching $28.16. 830 shares of the stock traded hands, compared to its average volume of 2,913. SBI has a fifty-two week low of $19.00 and a fifty-two week high of $32.00. The company has a market cap of $8.51 billion, a price-to-earnings ratio of 10.32 and a beta of 0.98. The firm’s fifty day simple moving average is $29.01 and its two-hundred day simple moving average is $25.45.

SBI (OTCMKTS:SBHGF) last announced its earnings results on Friday, February 7th. The company reported $1.17 earnings per share for the quarter. SBI had a return on equity of 6.78% and a net margin of 9.47%.

About SBI

SBI Holdings, Inc engages in the online securities and investment businesses. It operates through five business segments: Financial Services Business, Asset Management Business, Investment Business, Crypto-Asset Business, and Non-financial Business segments. The Financial Services Business segment consists of a range of finance-related business, including securities brokerage business; banking services business; and life, property, and casualty insurance business.