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

Mobix Labs, Inc. (NASDAQ:MOBXW) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 36,014 shares, a growth of 31.2% from the November 30th total of 27,452 shares. Based on an average daily volume of 23,637 shares, the short-interest ratio is currently 1.5 days. Based on an average daily volume of 23,637 shares, the short-interest ratio is currently 1.5 days.

Mobix Labs Trading Down 10.5%

Mobix Labs stock traded down $0.01 during midday trading on Tuesday, reaching $0.08. The company had a trading volume of 10,541 shares, compared to its average volume of 12,133. Mobix Labs has a 12-month low of $0.04 and a 12-month high of $0.24. The firm’s fifty day simple moving average is $0.12 and its 200-day simple moving average is $0.12.

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.