Short Interest in Upexi, Inc. (NASDAQ:UPXI) Grows By 54.5%

Upexi, Inc. (NASDAQ:UPXI) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 20,700 shares, an increase of 54.5% from the November 30th total of 13,400 shares. Based on an average daily trading volume, of 905,700 shares, the days-to-cover ratio is presently 0.0 days. Approximately 2.7% of the shares of the company are sold short.

Upexi Trading Down 0.3 %

UPXI stock traded down $0.01 during mid-day trading on Friday, hitting $3.86. 20,088 shares of the company were exchanged, compared to its average volume of 249,515. Upexi has a 1-year low of $2.17 and a 1-year high of $33.00. The business has a 50 day simple moving average of $5.13 and a 200-day simple moving average of $5.47.

Upexi (NASDAQ:UPXI) last released its quarterly earnings results on Thursday, December 19th. The company reported ($1.55) earnings per share (EPS) for the quarter. Upexi had a negative net margin of 28.34% and a negative return on equity of 54.97%.

About Upexi

Upexi, Inc manufactures and sells various branded products in the health, wellness, pet, beauty, and other markets. The company was formerly known as Grove, Inc and changed its name to Upexi, Inc in August 2022. The company was incorporated in 2018 and is headquartered in Clearwater, Florida.