ARB IOT Group Limited (NASDAQ:ARBB – Get Free Report) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 54,300 shares, a growth of 29.0% from the May 31st total of 42,100 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 79,200 shares, the days-to-cover ratio is presently 0.7 days.
ARB IOT Group Stock Performance
ARBB stock opened at $0.54 on Monday. The company’s 50 day moving average price is $0.82 and its 200 day moving average price is $1.23. ARB IOT Group has a fifty-two week low of $0.44 and a fifty-two week high of $4.80.
About ARB IOT Group
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