Short Interest in Mobix Labs, Inc. (NASDAQ:MOBXW) Declines By 30.2%

Mobix Labs, Inc. (NASDAQ:MOBXW) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 21,500 shares, a decrease of 30.2% from the August 31st total of 30,800 shares. Based on an average daily trading volume, of 14,500 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily trading volume, of 14,500 shares, the days-to-cover ratio is currently 1.5 days.

Mobix Labs Stock Performance

Shares of Mobix Labs stock opened at $0.14 on Monday. Mobix Labs has a 1-year low of $0.04 and a 1-year high of $0.26. The stock’s 50 day simple moving average is $0.11 and its 200-day simple moving average is $0.10.

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.