Starbox Group Holdings Ltd. (NASDAQ:STBX) Sees Significant Growth in Short Interest

Starbox Group Holdings Ltd. (NASDAQ:STBX) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 11,400 shares, a growth of 119.2% from the September 30th total of 5,200 shares. Based on an average trading volume of 112,600 shares, the short-interest ratio is presently 0.1 days.

Starbox Group Stock Performance

NASDAQ STBX remained flat at $0.13 on Friday. The company had a trading volume of 79,230 shares, compared to its average volume of 162,074. Starbox Group has a fifty-two week low of $0.10 and a fifty-two week high of $0.75. The company has a 50 day moving average of $0.14 and a 200 day moving average of $0.17.

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.