Mobix Labs, Inc. (NASDAQ:MOBXW) Sees Large Decrease in Short Interest
by Teresa Graham · The Cerbat GemMobix Labs, Inc. (NASDAQ:MOBXW – Get Free Report) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 31,970 shares, a decline of 23.9% from the March 15th total of 42,012 shares. Based on an average trading volume of 30,831 shares, the days-to-cover ratio is presently 1.0 days.
Mobix Labs Stock Performance
Shares of NASDAQ MOBXW traded down $0.01 during midday trading on Thursday, hitting $0.11. 7,340 shares of the company’s stock were exchanged, compared to its average volume of 66,960. Mobix Labs has a 12 month low of $0.03 and a 12 month high of $0.32. The company’s 50 day moving average price is $0.11 and its 200 day moving average price is $0.11.
About Mobix Labs
Mobix Labs, Inc, a fabless semiconductor company, provides wireless and connectivity solutions for next generation communication systems, including C-Band and mmWave 5G and high bandwidth cable applications. Its products include True5G chipset solutions; true xero active optical cables and related products designed to deliver fiber optic connectivity for a range of applications, including 5G infrastructure, autonomous vehicles, Pro A/V, AR/VR, remote medical systems, and others; electromagnetic interference filters deployed in aerospace, military, defense, medical, and healthcare products.