Starbox Group Holdings Ltd. (NASDAQ:STBX) Short Interest Update

Starbox Group Holdings Ltd. (NASDAQ:STBX) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 179,800 shares, a drop of 67.0% from the January 31st total of 544,200 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 2,460,000 shares, the short-interest ratio is presently 0.1 days.

Starbox Group Price Performance

Shares of NASDAQ:STBX traded down $0.04 during midday trading on Friday, reaching $0.14. 2,373,723 shares of the company’s stock were exchanged, compared to its average volume of 4,114,297. Starbox Group has a 12 month low of $0.14 and a 12 month high of $5.28. The company’s 50 day simple moving average is $0.85 and its two-hundred day simple moving average is $1.56.

About Starbox Group

Starbox Group Holdings Ltd., through its subsidiaries, engages in the provision of cash rebate and digital advertising services to retail merchant advertisers through websites and mobile apps in Malaysia. It connects retail merchants with individual online and offline shoppers to facilitate transactions through cash rebate programs offered by retail merchants.