Short Interest in State Bank of India (OTCMKTS:SBKFF) Declines By 28.1%

State Bank of India (OTCMKTS:SBKFF) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 63,300 shares, a drop of 28.1% from the February 28th total of 88,100 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 316.5 days.

State Bank of India Price Performance

OTCMKTS SBKFF remained flat at $85.00 on Tuesday. The company’s stock had a trading volume of 4 shares, compared to its average volume of 183. State Bank of India has a 1-year low of $80.75 and a 1-year high of $112.85. The stock’s 50 day simple moving average is $82.30 and its two-hundred day simple moving average is $91.12.

State Bank of India Company Profile

State Bank of India provides banking products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business segments.