Short Interest in Starbox Group Holdings Ltd. (NASDAQ:STBX) Increases By 981.9%

Starbox Group Holdings Ltd. (NASDAQ:STBX) saw a significant 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 shares of the company are short sold. Based on an average trading volume of 2,240,000 shares, the short-interest ratio is presently 0.2 days.

Starbox Group Trading Down 2.1 %

STBX traded down $0.01 on Thursday, hitting $0.24. 1,417,049 shares of the stock traded hands, compared to its average volume of 4,921,581. Starbox Group has a 52 week low of $0.19 and a 52 week high of $5.92. The business has a fifty day moving average price of $1.19 and a two-hundred day moving average price of $1.75.

About Starbox Group

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.