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

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

SoftBank Group Trading Down 0.2 %

Shares of SFTBY traded down $0.06 during mid-day trading on Tuesday, reaching $26.18. 988,126 shares of the company's stock traded hands, compared to its average volume of 788,153. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.68 and a quick ratio of 0.67. The stock's 50-day moving average is $30.14 and its two-hundred day moving average is $29.71. SoftBank Group has a 12 month low of $22.35 and a 12 month high of $37.19. The stock has a market cap of $76.97 billion, a P/E ratio of 13.16 and a beta of 1.14.

SoftBank Group (OTCMKTS:SFTBY - Get Free Report) last announced 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%. Research analysts forecast that SoftBank Group will post 2.22 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group downgraded shares of SoftBank Group from a "buy" rating to a "hold" rating in a report on Friday, December 20th.

About SoftBank Group

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.