Focusrite plc (OTCMKTS:FOCIF – Get Free Report) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 100 shares, a growth of 177.8% from the May 31st total of 36 shares. Based on an average trading volume of 36 shares, the short-interest ratio is currently 2.8 days.
Focusrite Stock Performance
OTCMKTS:FOCIF remained flat at $2.14 during midday trading on Friday. Focusrite has a 12 month low of $2.11 and a 12 month high of $3.16. The company has a 50 day moving average of $2.53 and a 200-day moving average of $2.63.
About Focusrite
Focusrite (OTCMKTS:FOCIF) is a UK-based designer and manufacturer of professional audio equipment, specializing in high-performance audio interfaces, microphone preamplifiers, digital mixing consoles, and signal processing hardware and software. Its product portfolio includes the acclaimed Scarlett, Clarett, Red and ISA series audio interfaces, alongside a range of outboard mic preamplifiers, digital conversion tools and audio plug-ins. Focusrite solutions cater to recording studios, live sound engineers, broadcast facilities, podcast producers and content creators seeking reliable, low-latency performance and superior sound quality.
The company was founded in 1985 by audio engineer Phil Dudderidge, who previously co-founded Soundcraft.
Recommended Stories
- Five stocks we like better than Focusrite
- Costco’s Secret Growth Engine May Be Running Out of Gas
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
- Capri’s Turnaround Is Taking Shape, But Is the Stock a Buy Yet?
- SpaceX Has Real Value—But These 3 Stocks Have Better Odds Right Now
Receive News & Ratings for Focusrite Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Focusrite and related companies with MarketBeat.com's FREE daily email newsletter.
