SBI Holdings, Inc. (OTCMKTS:SBHGF) Sees Significant Growth in Short Interest

SBI Holdings, Inc. (OTCMKTS:SBHGF - Get Free Report) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 615,200 shares, a growth of 117.5% from the February 28th total of 282,800 shares. Currently, 0.2% of the company's stock are sold short. Based on an average daily trading volume, of 3,900 shares, the short-interest ratio is presently 157.7 days.

SBI Price Performance

SBHGF stock traded down $2.29 on Tuesday, reaching $25.87. 1,082 shares of the company traded hands, compared to its average volume of 2,873. The company has a market cap of $7.82 billion, a P/E ratio of 9.48 and a beta of 0.98. The firm has a fifty day simple moving average of $29.01 and a 200-day simple moving average of $25.51. SBI has a one year low of $19.00 and a one year high of $32.00.

SBI (OTCMKTS:SBHGF - Get Free Report) last posted its quarterly earnings results on Friday, February 7th. The company reported $1.17 EPS for the quarter. SBI had a return on equity of 6.78% and a net margin of 9.47%.

SBI Company Profile

SBI Holdings, Inc engages in the online securities and investment businesses. It operates through five business segments: Financial Services Business, Asset Management Business, Investment Business, Crypto-Asset Business, and Non-financial Business segments. The Financial Services Business segment consists of a range of finance-related business, including securities brokerage business; banking services business; and life, property, and casualty insurance business.