Short Interest in ARB IOT Group Limited (NASDAQ:ARBB) Increases By 250.0%

ARB IOT Group Limited (NASDAQ:ARBB) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 1,400 shares, an increase of 250.0% from the September 30th total of 400 shares. Based on an average trading volume of 143,000 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

ARB IOT Group Trading Up 138.5 %

Shares of ARBB traded up $0.46 on Friday, reaching $0.79. The company’s stock had a trading volume of 164,998,281 shares, compared to its average volume of 1,002,737. ARB IOT Group has a twelve month low of $0.21 and a twelve month high of $4.55. The firm has a fifty day moving average of $0.30 and a 200-day moving average of $0.57.

About ARB IOT Group

ARB IOT Group Limited, through its subsidiaries, provides Internet of Things (IoT) system solutions, and system integration and support services in Malaysia. It offers IoT smart home and building solutions, such as design, procurement, and provision of smart home products and devices; integration services; and electrical wire installation and home data network setup for homeowners, as well as provides smart building solutions, including design, procurement, installation, testing, pre-commissioning and commissioning of various IoT systems, solutions, and devices; and integration of automated systems for smart buildings, including installation of wire and wireless, and mechatronic works for property developers and contractors.