SoftBank Corp. (OTCMKTS:SOBKY – Get Rating) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 29,400 shares, an increase of 45.5% from the January 31st total of 20,200 shares. Based on an average daily volume of 235,400 shares, the days-to-cover ratio is currently 0.1 days.
Shares of OTCMKTS SOBKY opened at $12.94 on Friday. The business has a 50-day moving average of $12.64 and a 200-day moving average of $12.94. SoftBank has a fifty-two week low of $12.19 and a fifty-two week high of $14.88.
Separately, Jefferies Financial Group raised SoftBank from a “hold” rating to a “buy” rating in a research note on Monday, January 24th.
SoftBank Company Profile (Get Rating)
SoftBank Corp. engages in the provision of mobile communication, broadband, ICT solutions and telecom services. It offers the following services: smartphone, mobile and tablet devices; network and VPN services; cloud services; voice call and landline telephone services; IBM Watson; Internet of Things; digital marketing; security services; datacenter; outsourcing; and conferencing and global services.
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