Starbox Group Holdings Ltd. (NASDAQ:STBX) Sees Significant Increase in Short Interest

Starbox Group Holdings Ltd. (NASDAQ:STBX) was the recipient of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 13,600 shares, a growth of 23.6% from the November 15th total of 11,000 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 133,500 shares, the short-interest ratio is currently 0.1 days.

Starbox Group Price Performance

Shares of STBX stock traded up $0.10 during mid-day trading on Friday, hitting $1.53. The stock had a trading volume of 62,789 shares, compared to its average volume of 50,536. Starbox Group has a 12-month low of $1.05 and a 12-month high of $7.20. The firm’s 50-day moving average is $1.61 and its two-hundred day moving average is $2.27.

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.