ARB IOT Group Limited (NASDAQ:ARBB – Get Free Report ) has seen a significant decline in short interest in July. As of July 15, short interest totaled 6,300 shares, down 40.6% from a total of 10,600 shares on June 30. Currently, 0.0% of the stock is short. Based on the average trading volume of 85,000 shares, the short interest ratio is currently at 0.1 days.
ARB IOT Group trades down 7.4%
Shares of ARB IOT Group Inc. began trading at $0.44 on Friday. The company’s 50 day simple moving average is $0.62 and its 200 day simple moving average is $1.09. ARB IOT Group Inc. has a 12 month low of $0.44 and a 12 month high of $4.55.
About ARB IOT Group
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ARB IOT Group Limited, through its subsidiaries, provides Internet of Things (IoT) system solutions, system integration and support services in Malaysia. It offers IoT smart home and building solutions such as design, procurement, supply and integration services of smart home products and devices, electrical wiring and home data network setup for homeowners, as well as smart building solutions such as design, procurement, installation, testing, pre-commissioning and commissioning of various IoT systems, solutions and devices, integration of automation systems for smart buildings including wired and wireless installation, and mechatronics work for property developers and contractors.
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