ARB IOT Group Limited (NASDAQ:ARBB – Get Free Report) was the recipient of a significant drop in short interest in November. As of November 15th, there was short interest totalling 325,700 shares, a drop of 44.4% from the October 31st total of 585,700 shares. Based on an average trading volume of 8,870,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 2.2% of the company’s stock are short sold.
ARB IOT Group Price Performance
ARB IOT Group stock remained flat at $0.51 during mid-day trading on Friday. 58,332 shares of the company were exchanged, compared to its average volume of 2,650,949. ARB IOT Group has a 52 week low of $0.21 and a 52 week high of $4.55. The company’s 50 day moving average price is $0.44 and its 200-day moving average price is $0.48.
ARB IOT Group Company Profile
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