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

Mobix Labs, Inc. (NASDAQ:MOBXW) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 20,000 shares, an increase of 18.3% from the May 31st total of 16,900 shares. Based on an average daily trading volume, of 10,300 shares, the short-interest ratio is currently 1.9 days.

Mobix Labs Stock Performance

Shares of NASDAQ:MOBXW remained flat at $0.16 on Tuesday. The company’s fifty day moving average price is $0.21. Mobix Labs has a one year low of $0.01 and a one year high of $0.36.

Mobix Labs Company Profile

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.