Short Interest in SoftBank Corp. (OTCMKTS:SOBKY) Declines By 87.7%

SoftBank Corp. (OTCMKTS:SOBKYGet Free Report) saw a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 1,000 shares, a decrease of 87.7% from the March 31st total of 8,100 shares. Based on an average trading volume of 137,200 shares, the days-to-cover ratio is currently 0.0 days.

SoftBank Stock Performance

Shares of SoftBank stock traded down $0.15 during trading hours on Friday, reaching $11.92. The stock had a trading volume of 87,454 shares, compared to its average volume of 59,434. The firm has a 50 day simple moving average of $12.79 and a two-hundred day simple moving average of $12.39. SoftBank has a 1 year low of $10.21 and a 1 year high of $13.81.

About SoftBank

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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.

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