SoftBank Group Corp. (OTCMKTS:SFTBY) Short Interest Update

SoftBank Group Corp. (OTCMKTS:SFTBY) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 495,600 shares, a growth of 203.7% from the September 30th total of 163,200 shares. Based on an average daily trading volume, of 1,009,800 shares, the days-to-cover ratio is presently 0.5 days.

SoftBank Group Stock Performance

SFTBY stock traded up $0.11 during mid-day trading on Friday, reaching $28.85. The company had a trading volume of 286,445 shares, compared to its average volume of 537,632. The company has a quick ratio of 0.78, a current ratio of 0.79 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $84.82 billion, a P/E ratio of 319.37 and a beta of 1.16. SoftBank Group has a one year low of $18.19 and a one year high of $37.19. The stock’s 50-day simple moving average is $29.30 and its two-hundred day simple moving average is $29.22.

SoftBank Group (OTCMKTS:SFTBY) last posted its earnings results on Wednesday, August 7th. The technology company reported ($0.40) earnings per share (EPS) for the quarter. The company had revenue of $10.92 billion during the quarter. SoftBank Group had a net margin of 0.92% and a return on equity of 0.50%. Research analysts anticipate that SoftBank Group will post 2.13 EPS for the current year.

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.