Short Interest in Starbox Group Holdings Ltd. (NASDAQ:STBX) Drops By 55.1%

Starbox Group Holdings Ltd. (NASDAQ:STBX) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 3,500 shares, a decrease of 55.1% from the February 28th total of 7,800 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 1,130,000 shares, the short-interest ratio is currently 0.0 days.

Starbox Group Trading Down 3.2 %

STBX opened at $0.18 on Friday. Starbox Group has a 12 month low of $0.18 and a 12 month high of $41.28. The business’s 50-day moving average price is $2.34 and its 200-day moving average price is $12.13.

Starbox Group Company Profile

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.