Starbox Group Holdings Ltd. (NASDAQ:STBX) Short Interest Down 67.0% in February

Starbox Group Holdings Ltd. (NASDAQ:STBX) saw a large decrease in short interest in February. As of February 15th, there was short interest totalling 179,800 shares, a decrease of 67.0% from the January 31st total of 544,200 shares. Based on an average daily volume of 2,460,000 shares, the short-interest ratio is currently 0.1 days. Approximately 0.4% of the company’s shares are short sold.

Starbox Group Price Performance

NASDAQ:STBX traded down $0.04 on Friday, reaching $0.14. The stock had a trading volume of 2,373,723 shares, compared to its average volume of 4,114,297. Starbox Group has a 12-month low of $0.14 and a 12-month high of $5.28. The firm’s fifty day moving average is $0.85 and its two-hundred day moving average is $1.56.

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.