Short Interest in SBI Holdings, Inc. (OTCMKTS:SBHGF) Decreases By 22.4%

SBI Holdings, Inc. (OTCMKTS:SBHGF) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totalling 571,500 shares, a decline of 22.4% from the June 30th total of 736,200 shares. Based on an average trading volume of 1,300 shares, the short-interest ratio is presently 439.6 days.

SBI Stock Performance

Shares of SBI stock traded down $1.25 during trading hours on Monday, reaching $24.40. 100 shares of the company were exchanged, compared to its average volume of 512. The firm has a market cap of $7.37 billion, a PE ratio of 12.32 and a beta of 0.96. The stock’s fifty day moving average is $25.24 and its 200 day moving average is $25.17. SBI has a 1 year low of $19.29 and a 1 year high of $27.02.

SBI (OTCMKTS:SBHGF) last posted its quarterly earnings results on Friday, May 10th. The company reported $0.61 earnings per share (EPS) for the quarter. SBI had a return on equity of 4.79% and a net margin of 7.21%. The company had revenue of $2.33 billion for the quarter.

About SBI

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.