SBI Holdings Inc. (OTCMKTS:SBHGF) Short Interest Down 31.5% in May

SBI Holdings Inc. (OTCMKTS:SBHGF - Get Free Report) was the target of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 538,500 shares, a decrease of 31.5% from the May 15th total of 786,100 shares. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is presently 199.4 days. Approximately 0.2% of the shares of the stock are sold short.

SBI Stock Performance

SBHGF traded up $0.55 during trading on Friday, reaching $33.24. 16,779 shares of the company traded hands, compared to its average volume of 6,008. The company has a market cap of $10.04 billion, a P/E ratio of 9.86 and a beta of 0.72. SBI has a 12-month low of $19.00 and a 12-month high of $35.00. The firm has a fifty day simple moving average of $27.97 and a 200 day simple moving average of $27.48.

SBI (OTCMKTS:SBHGF - Get Free Report) last issued its earnings results on Friday, May 9th. The company reported $1.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.69 by $0.56. The firm had revenue of $2.87 billion during the quarter, compared to analyst estimates of $2.01 billion. SBI had a net margin of 11.23% and a return on equity of 8.76%.

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.