ARB IOT Group Limited (NASDAQ:ARBB) Short Interest Update

ARB IOT Group Limited (NASDAQ:ARBB) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 88,400 shares, a decrease of 32.3% from the December 15th total of 130,600 shares. Based on an average daily volume of 8,870,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.6% of the shares of the company are sold short.

ARB IOT Group Stock Down 0.6 %

ARBB traded down $0.00 during midday trading on Friday, reaching $0.54. The company had a trading volume of 20,117 shares, compared to its average volume of 198,118. ARB IOT Group has a 12-month low of $0.21 and a 12-month high of $4.55. The business has a 50-day moving average price of $0.52 and a two-hundred day moving average price of $0.43.

About ARB IOT Group

ARB IOT Group Limited, through its subsidiaries, provides Internet of Things (IoT) system solutions, and system integration and support services in Malaysia. It offers IoT smart home and building solutions, such as design, procurement, and provision of smart home products and devices; integration services; and electrical wire installation and home data network setup for homeowners, as well as provides smart building solutions, including design, procurement, installation, testing, pre-commissioning and commissioning of various IoT systems, solutions, and devices; and integration of automated systems for smart buildings, including installation of wire and wireless, and mechatronic works for property developers and contractors.