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

Mobix Labs, Inc. (NASDAQ:MOBXW) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 70,154 shares, an increase of 186.5% from the August 31st total of 24,487 shares. Based on an average daily trading volume, of 24,745 shares, the days-to-cover ratio is presently 2.8 days.

Mobix Labs Stock Performance

Shares of MOBXW stock traded up $0.01 during trading on Friday, hitting $0.09. The company’s stock had a trading volume of 17,409 shares, compared to its average volume of 39,743. The business has a fifty day moving average of $0.09 and a 200-day moving average of $0.10. Mobix Labs has a 52 week low of $0.03 and a 52 week high of $0.32.

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.