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

Starbox Group Holdings Ltd. (NASDAQ:STBX) was the target of a significant decrease in short interest during 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. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 1,130,000 shares, the short-interest ratio is currently 0.0 days.

Starbox Group Trading Down 1.6 %

Shares of NASDAQ:STBX opened at $0.18 on Friday. The company’s 50-day moving average price is $2.54 and its 200 day moving average price is $12.30. Starbox Group has a fifty-two week low of $0.18 and a fifty-two week high of $42.02.

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.