State Bank of India (OTCMKTS:SBKFF) Short Interest Update

State Bank of India (OTCMKTS:SBKFF) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 5,037 shares, a decrease of 19.3% from the December 31st total of 6,238 shares. Based on an average daily trading volume, of 284 shares, the short-interest ratio is currently 17.7 days. Based on an average daily trading volume, of 284 shares, the short-interest ratio is currently 17.7 days.

State Bank of India Price Performance

OTCMKTS:SBKFF opened at $126.50 on Monday. The stock’s 50-day simple moving average is $108.78 and its 200 day simple moving average is $103.11. State Bank of India has a 52-week low of $83.00 and a 52-week high of $126.50.

About State Bank of India

State Bank of India (OTCMKTS: SBKFF) is India’s largest public sector bank and one of the country’s oldest financial institutions. Tracing its roots to the early 19th century as the Bank of Calcutta, it was reorganized as the Imperial Bank of India in 1921 and later nationalized and renamed in 1955 by the Government of India. Headquartered in Mumbai, the bank serves as the flagship entity of the State Bank Group, which includes several regional and associate banks consolidated under its umbrella.

The bank offers a comprehensive suite of financial products and services that span retail banking, corporate banking, and treasury operations.