Starbox Group Holdings Ltd. (NASDAQ:STBX) Short Interest Down 70.5% in April

Starbox Group Holdings Ltd. (NASDAQ:STBX) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 8,500 shares, a decrease of 70.5% from the March 31st total of 28,800 shares. Currently, 1.6% of the company’s shares are sold short. Based on an average daily volume of 722,800 shares, the short-interest ratio is presently 0.0 days.

Starbox Group Price Performance

Shares of NASDAQ:STBX traded down $0.16 during trading on Monday, hitting $2.03. The company had a trading volume of 32,465 shares, compared to its average volume of 596,459. The company has a fifty day simple moving average of $7.02 and a two-hundred day simple moving average of $122.73. Starbox Group has a one year low of $1.37 and a one year high of $492.80.

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.