Fly-E Group, Inc. (NASDAQ:FLYE) Short Interest Update

Fly-E Group, Inc. (NASDAQ:FLYE) was the target of a significant drop in short interest in January. As of January 31st, there was short interest totalling 276,100 shares, a drop of 13.3% from the January 15th total of 318,600 shares. Based on an average daily volume of 1,910,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 3.6% of the shares of the stock are sold short.

Fly-E Group Trading Up 6.5 %

Shares of FLYE stock traded up $0.03 during trading hours on Friday, hitting $0.51. 372,756 shares of the company’s stock were exchanged, compared to its average volume of 276,478. Fly-E Group has a 12-month low of $0.38 and a 12-month high of $7.62. The business’s 50 day simple moving average is $0.54 and its 200-day simple moving average is $0.61.

About Fly-E Group

Fly-E Group, Inc engages in the designing, installing, and selling of smart electric motorcycles (e-motorcycles), electric bikes, electric scooters, and related accessories under the Fly E-Bike brand in the United States and Canada. It offers e-mopeds, e-motorcycles, e-tricycles, e-bikes, and e-scooters; and traditional bikes.