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

SoftBank Group Corp. (OTCMKTS:SFTBY) was the recipient of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 493,900 shares, a decline of 67.0% from the January 31st total of 1,495,500 shares. Based on an average daily volume of 1,350,200 shares, the days-to-cover ratio is presently 0.4 days.

SoftBank Group Stock Down 1.9 %

SFTBY traded down $0.54 during trading on Friday, hitting $27.67. 351,095 shares of the company’s stock traded hands, compared to its average volume of 789,264. The stock has a market capitalization of $81.35 billion, a price-to-earnings ratio of 13.90 and a beta of 1.14. The company’s 50 day simple moving average is $30.18 and its two-hundred day simple moving average is $29.70. SoftBank Group has a 12-month low of $22.35 and a 12-month high of $37.19. The company has a current ratio of 0.68, a quick ratio of 0.67 and a debt-to-equity ratio of 0.82.

SoftBank Group (OTCMKTS:SFTBY) last released its quarterly earnings data on Wednesday, February 12th. The technology company reported ($0.83) EPS for the quarter. SoftBank Group had a net margin of 12.74% and a return on equity of 6.65%. Analysts predict that SoftBank Group will post 2.22 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group lowered shares of SoftBank Group from a “buy” rating to a “hold” rating in a research note on Friday, December 20th.

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.