Fly-E Group, Inc. (NASDAQ:FLYE – Get Free Report) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 977,100 shares, an increase of 253.9% from the January 31st total of 276,100 shares. Currently, 12.6% of the company’s shares are sold short. Based on an average daily volume of 1,890,000 shares, the days-to-cover ratio is presently 0.5 days.
Fly-E Group Stock Performance
FLYE stock traded up $0.00 on Friday, reaching $0.45. The company’s stock had a trading volume of 32,367 shares, compared to its average volume of 808,232. The business has a fifty day simple moving average of $0.55 and a two-hundred day simple moving average of $0.59. Fly-E Group has a 12-month low of $0.38 and a 12-month high of $7.62.
Fly-E Group (NASDAQ:FLYE – Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The company reported ($0.03) EPS for the quarter. The company had revenue of $5.68 million during the quarter.
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.
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