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

Market Beat
2024.12.29 18:23
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SoftBank Group Corp. (OTCMKTS:SFTBY) experienced a significant increase in short interest, rising 40.7% to 90,200 shares as of December 15th. The short-interest ratio is currently 0.2 days based on an average trading volume of 488,100 shares. Additionally, Jefferies Financial Group downgraded the stock from a "buy" to a "hold" rating. The stock traded at $29.04 with a market cap of $85.38 billion and a P/E ratio of 5.81. SoftBank provides telecommunications services and operates various segments including investment and broadband services.