Mobix Labs, Inc. (NASDAQ:MOBXW) Sees Large Drop in Short Interest

Mobix Labs, Inc. (NASDAQ:MOBXW) was the target of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 10,721 shares, a drop of 41.4% from the January 29th total of 18,282 shares. Based on an average daily trading volume, of 38,056 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 38,056 shares, the days-to-cover ratio is currently 0.3 days.

Mobix Labs Price Performance

MOBXW stock traded down $0.00 during trading on Monday, reaching $0.05. 26,481 shares of the stock traded hands, compared to its average volume of 24,437. The business’s 50 day moving average price is $0.07 and its 200-day moving average price is $0.11. Mobix Labs has a 52-week low of $0.03 and a 52-week high of $0.19.

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.