Mobix Labs, Inc. (NASDAQ:MOBXW) Short Interest Up 303.2% in March

Mobix Labs, Inc. (NASDAQ:MOBXW) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 42,012 shares, an increase of 303.2% from the February 26th total of 10,420 shares. Based on an average daily trading volume, of 293,784 shares, the short-interest ratio is currently 0.1 days.

Mobix Labs Price Performance

Shares of NASDAQ:MOBXW opened at $0.13 on Friday. Mobix Labs has a 12 month low of $0.03 and a 12 month high of $0.32. The company’s 50-day moving average price is $0.10 and its two-hundred day moving average price is $0.11.

About Mobix Labs

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.