Short Interest in Focusrite plc (OTCMKTS:FOCIF) Drops By 25.0%

Focusrite plc (OTCMKTS:FOCIF) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 300 shares, a decrease of 25.0% from the January 15th total of 400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 3.0 days.

Focusrite Price Performance

Focusrite stock opened at $3.10 on Friday. Focusrite has a 52 week low of $2.60 and a 52 week high of $3.10. The company has a 50 day moving average price of $3.33 and a 200 day moving average price of $3.85.

About Focusrite

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.