SoftBank Corp. (OTCMKTS:SOBKY) Sees Significant Decrease in Short Interest

SoftBank Corp. (OTCMKTS:SOBKY) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 30,615 shares, a decrease of 23.2% from the December 31st total of 39,878 shares. Based on an average daily volume of 257,387 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 257,387 shares, the days-to-cover ratio is currently 0.1 days.

SoftBank Stock Performance

Shares of SOBKY stock opened at $13.56 on Tuesday. SoftBank has a one year low of $12.52 and a one year high of $17.25. The company’s fifty day moving average price is $13.79 and its 200-day moving average price is $14.56.

SoftBank Company Profile

SoftBank Group Corp., trading on the OTCMKTS as SOBKY, is a Japan-based multinational holding company with diversified interests in technology, telecommunications and investment management. Founded in 1981 by Masayoshi Son, SoftBank initially built its reputation as a domestic telecom operator before pivoting toward global technology investments. Headquartered in Tokyo, the company operates through several key subsidiaries and strategic partnerships to deliver broadband and mobile services, enterprise network solutions, and cloud-based platforms.

In addition to its core telecommunications business, SoftBank is widely recognized for its Vision Fund, one of the world’s largest technology-focused investment vehicles.