Short Interest in Focusrite plc (OTCMKTS:FOCIF) Rises By 150.0%

Focusrite plc (OTCMKTS:FOCIF) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 500 shares, a growth of 150.0% from the March 15th total of 200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 5.0 days.

Focusrite Price Performance

Focusrite stock opened at $4.60 on Friday. Focusrite has a 12 month low of $4.50 and a 12 month high of $7.12. The stock’s 50 day moving average is $5.65 and its 200-day moving average is $5.88.

Focusrite Company Profile

Focusrite plc develops and markets hardware and software products primarily for audio professionals and amateur musicians in North America, Europe, the Middle East, Africa, and internationally. It operates through Focusrite, Novation, ADAM Audio, Martin Audio, Sonnox, and Sequential segments. The company provides audio interface and other products for musicians under the Focusrite and Focusrite Pro brands; and products that are used in the creation of electronic music using synthesizers, grooveboxes, keyboard and pad controllers, MIDI controllers, and software and apps under the Novation and Ampify brands.