Short Interest in Starbox Group Holdings Ltd. (NASDAQ:STBX) Grows By 1,087.7%

Starbox Group Holdings Ltd. (NASDAQ:STBX) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 135,400 shares, a growth of 1,087.7% from the October 15th total of 11,400 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 101,300 shares, the short-interest ratio is currently 1.3 days.

Starbox Group Stock Performance

NASDAQ STBX traded up $0.06 on Wednesday, reaching $1.84. 409,058 shares of the stock traded hands, compared to its average volume of 43,085. Starbox Group has a 12 month low of $1.05 and a 12 month high of $7.20. The firm’s fifty day simple moving average is $2.03 and its 200 day simple moving average is $2.55.

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.