Focusrite plc (OTCMKTS:FOCIF – Get Free Report) was the recipient of a large decline in short interest in May. As of May 29th, there was short interest totaling 36 shares, a decline of 81.1% from the May 14th total of 190 shares. Based on an average daily volume of 62 shares, the days-to-cover ratio is presently 0.6 days.
Focusrite Price Performance
Shares of FOCIF opened at $2.59 on Wednesday. The business’s 50 day moving average price is $2.62 and its 200-day moving average price is $2.66. Focusrite has a 52 week low of $2.26 and a 52 week high of $3.16.
Focusrite Company Profile
Focusrite (OTCMKTS:FOCIF) is a UK-based designer and manufacturer of professional audio equipment, specializing in high-performance audio interfaces, microphone preamplifiers, digital mixing consoles, and signal processing hardware and software. Its product portfolio includes the acclaimed Scarlett, Clarett, Red and ISA series audio interfaces, alongside a range of outboard mic preamplifiers, digital conversion tools and audio plug-ins. Focusrite solutions cater to recording studios, live sound engineers, broadcast facilities, podcast producers and content creators seeking reliable, low-latency performance and superior sound quality.
The company was founded in 1985 by audio engineer Phil Dudderidge, who previously co-founded Soundcraft.
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