Fox Factory Holding Corp. (NASDAQ:FOXXW) Short Interest Up 180.2% in May

Fox Factory Holding Corp. (NASDAQ:FOXXW) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 3,923 shares, an increase of 180.2% from the May 14th total of 1,400 shares. Based on an average daily volume of 11,513 shares, the days-to-cover ratio is currently 0.3 days.

Fox Factory Price Performance

Shares of FOXXW traded down $0.03 during midday trading on Friday, reaching $0.07. 163,987 shares of the company were exchanged, compared to its average volume of 17,162. The company’s 50-day moving average is $0.10. Fox Factory has a 1-year low of $0.06 and a 1-year high of $0.30.

Fox Factory (NASDAQ: FOXXW) is a designer, engineer and manufacturer of high-performance ride dynamics products and related accessories for bicycles, motorcycles, off-road vehicles and on-road trucks. The company is best known for its FOX-branded suspension components, including forks, rear shocks, coilovers and dampers, which are used by recreational riders, professional athletes and manufacturers seeking premium suspension solutions.

Fox Factory serves both original equipment manufacturers (OEMs) and the aftermarket, supplying finished systems to vehicle and bicycle producers while also distributing replacement parts and tuned components through specialty retailers, distributors and direct-to-consumer channels.