Starbox Group Holdings Ltd. (NASDAQ:STBX) Short Interest Down 55.1% in March

Starbox Group Holdings Ltd. (NASDAQ:STBX) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 3,500 shares, a decrease of 55.1% from the February 28th total of 7,800 shares. Based on an average daily volume of 1,130,000 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the shares of the company are sold short.

Starbox Group Price Performance

STBX traded down $0.01 during mid-day trading on Friday, reaching $0.18. 113,954 shares of the company traded hands, compared to its average volume of 299,026. The company’s fifty day moving average price is $2.34 and its 200-day moving average price is $12.06. Starbox Group has a 52-week low of $0.18 and a 52-week high of $41.28.

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.