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

Mobix Labs, Inc. (NASDAQ:MOBXW) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 14,517 shares, a decrease of 59.7% from the December 15th total of 36,014 shares. Based on an average daily volume of 4,400 shares, the short-interest ratio is currently 3.3 days. Based on an average daily volume of 4,400 shares, the short-interest ratio is currently 3.3 days.

Mobix Labs Trading Up 2.7%

Mobix Labs stock traded up $0.00 during mid-day trading on Wednesday, hitting $0.07. The company’s stock had a trading volume of 800 shares, compared to its average volume of 36,200. Mobix Labs has a twelve month low of $0.04 and a twelve month high of $0.24. The stock’s fifty day moving average price is $0.11 and its two-hundred day moving average price is $0.12.

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.