Starbox Group Holdings Ltd. (NASDAQ:STBX) Short Interest Up 981.9% in January

Starbox Group Holdings Ltd. (NASDAQ:STBX) saw a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 544,200 shares, a growth of 981.9% from the January 15th total of 50,300 shares. Approximately 1.2% of the company’s shares are short sold. Based on an average daily trading volume, of 2,240,000 shares, the short-interest ratio is presently 0.2 days.

Starbox Group Stock Down 2.1 %

Shares of NASDAQ:STBX traded down $0.01 during trading on Thursday, reaching $0.24. 1,417,049 shares of the stock were exchanged, compared to its average volume of 4,921,581. Starbox Group has a 12-month low of $0.19 and a 12-month high of $5.92. The firm’s 50-day moving average price is $1.19 and its 200 day moving average price is $1.75.

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.