Focusrite plc (OTCMKTS:FOCIF – Get Free Report) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 36 shares, a decrease of 81.1% from the May 14th total of 190 shares. Based on an average trading volume of 62 shares, the days-to-cover ratio is currently 0.6 days.
Focusrite Price Performance
FOCIF stock opened at $2.59 on Wednesday. Focusrite has a 12-month low of $2.26 and a 12-month high of $3.16. The stock’s 50 day simple moving average is $2.62 and its 200 day simple moving average is $2.66.
About Focusrite
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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