Short Interest in Focusrite plc (OTCMKTS:FOCIF) Declines By 33.3%

Focusrite plc (OTCMKTS:FOCIF) was the recipient of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 200 shares, a decline of 33.3% from the January 31st total of 300 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Focusrite Stock Performance

Shares of FOCIF opened at $3.10 on Wednesday. Focusrite has a 12-month low of $2.60 and a 12-month high of $3.10. The company’s 50-day moving average price is $3.17 and its 200 day moving average price is $3.70.

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.