Starbox Group Holdings Ltd. (NASDAQ:STBX) Short Interest Up 223.5% in December

Starbox Group Holdings Ltd. (NASDAQ:STBX) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 44,000 shares, a growth of 223.5% from the November 30th total of 13,600 shares. Based on an average daily volume of 158,500 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Starbox Group Stock Down 4.7 %

STBX stock traded down $0.09 during trading on Friday, hitting $1.84. 257,461 shares of the company’s stock traded hands, compared to its average volume of 50,139. Starbox Group has a 52 week low of $1.05 and a 52 week high of $6.32. The stock has a fifty day moving average price of $1.58 and a two-hundred day moving average price of $2.20.

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.