Fox Factory Holding Corp. (NASDAQ:FOXXW) Sees Large Increase in Short Interest

Fox Factory Holding Corp. (NASDAQ:FOXXW) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 3,923 shares, a growth of 180.2% from the May 14th total of 1,400 shares. Based on an average daily volume of 11,513 shares, the short-interest ratio is presently 0.3 days.

Fox Factory Price Performance

Shares of Fox Factory stock traded down $0.03 during trading on Friday, hitting $0.07. 163,987 shares of the company were exchanged, compared to its average volume of 17,162. Fox Factory has a fifty-two week low of $0.06 and a fifty-two week high of $0.30. The stock has a 50 day moving average of $0.10.

Fox Factory (NASDAQ: FOXXW) is a designer, engineer and manufacturer of high-performance ride dynamics products and related accessories for bicycles, motorcycles, off-road vehicles and on-road trucks. The company is best known for its FOX-branded suspension components, including forks, rear shocks, coilovers and dampers, which are used by recreational riders, professional athletes and manufacturers seeking premium suspension solutions.

Fox Factory serves both original equipment manufacturers (OEMs) and the aftermarket, supplying finished systems to vehicle and bicycle producers while also distributing replacement parts and tuned components through specialty retailers, distributors and direct-to-consumer channels.