State Bank of India (OTCMKTS:SBKFF) Short Interest Down 28.1% in March

State Bank of India (OTCMKTS:SBKFF) was the target of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 63,300 shares, a decrease of 28.1% from the February 28th total of 88,100 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 316.5 days.

State Bank of India Price Performance

Shares of OTCMKTS SBKFF remained flat at $85.00 during midday trading on Friday. 2 shares of the company traded hands, compared to its average volume of 183. State Bank of India has a 12-month low of $80.75 and a 12-month high of $112.85. The firm has a fifty day simple moving average of $82.21 and a 200-day simple moving average of $91.24.

State Bank of India Company Profile

State Bank of India provides banking products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business segments.