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

Mobix Labs, Inc. (NASDAQ:MOBXW) saw a significant increase in short interest during the month of 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 Price Performance

Shares of Mobix Labs stock traded down $0.00 during trading hours on Monday, hitting $0.08. The company’s stock had a trading volume of 23,842 shares, compared to its average volume of 39,648. The business has a 50 day moving average price of $0.09 and a two-hundred day moving average price of $0.10. Mobix Labs has a 12-month low of $0.03 and a 12-month high of $0.32.

About Mobix Labs

Mobix Labs, Inc is a fabless semiconductor company that develops connectivity solutions for wireless and wired communications. Its technologies are designed to support high-speed data transmission and connectivity applications across markets including 5G, telecommunications, consumer electronics, automotive, aerospace and defense.

The company’s product portfolio includes radio-frequency and millimeter-wave components, beamforming and antenna solutions, RF front-end modules, and other semiconductor products intended to improve signal performance, coverage and integration in wireless systems.