Short Interest in Focusrite plc (OTCMKTS:FOCIF) Increases By 177.8%

Focusrite plc (OTCMKTS:FOCIFGet 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

(Get Free Report)

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

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.