Short Interest in SBI Holdings, Inc. (OTCMKTS:SBHGF) Drops By 31.5%

SBI Holdings, Inc. (OTCMKTS:SBHGF - Get Free Report) saw a large decrease in short interest in 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. Approximately 0.2% of the company's stock are sold short. Based on an average daily trading volume, of 2,700 shares, the days-to-cover ratio is currently 199.4 days.

SBI Price Performance

OTCMKTS SBHGF opened at $32.23 on Tuesday. The company has a market capitalization of $9.74 billion, a price-to-earnings ratio of 11.81 and a beta of 0.72. The firm's fifty day moving average price is $27.46 and its 200 day moving average price is $27.37. SBI has a 12 month low of $19.00 and a 12 month high of $35.00.

SBI (OTCMKTS:SBHGF - Get Free Report) last issued its earnings results on Friday, May 9th. The company reported $1.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.56. SBI had a net margin of 9.47% and a return on equity of 6.78%. The company had revenue of $2.87 billion for the quarter, compared to analyst estimates of $2.01 billion.

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.

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