Fly-E Group, Inc. (NASDAQ:FLYE) Short Interest Down 69.5% in June

Posted by Joseph Casey on Jul 14th, 2026

Fly-E Group, Inc. (NASDAQ:FLYE – Get Free Report) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 29,178 shares, a decrease of 69.5% from the June 15th total of 95,675 shares. Approximately 1.9% of the shares of the company are short sold. Based on an average daily trading volume, of 16,509 shares, the days-to-cover ratio is currently 1.8 days.

Institutional Investors Weigh In On Fly-E Group

A hedge fund recently bought a new stake in Fly-E Group stock. XTX Topco Ltd acquired a new stake in Fly-E Group, Inc. (NASDAQ:FLYE – Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 34,204 shares of the company’s stock, valued at approximately $31,000. XTX Topco Ltd owned 0.19% of Fly-E Group as of its most recent filing with the SEC.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Fly-E Group in a report on Wednesday, June 24th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Check Out Our Latest Stock Report on Fly-E Group

Fly-E Group Price Performance

Fly-E Group stock traded down $0.11 during trading on Tuesday, hitting $1.91. The stock had a trading volume of 8,204 shares, compared to its average volume of 176,305. The stock’s 50 day moving average is $2.00 and its two-hundred day moving average is $3.11. Fly-E Group has a 1 year low of $1.62 and a 1 year high of $161.80.

Fly-E Group (NASDAQ:FLYE – Get Free Report) last released its earnings results on Tuesday, April 21st. The company reported ($1.18) earnings per share (EPS) for the quarter. The business had revenue of $2.65 million during the quarter.

Fly-E Group Company Profile

(Get Free Report)

FlyE Group, Inc, incorporated as a Cayman Islands exempted company, is a special purpose acquisition company (SPAC) formed to identify, acquire, and combine with one or more businesses. As a blank‐check entity, its primary operations involve raising capital through an initial public offering and seeking a merger, capital stock exchange, asset acquisition, or similar business combination with a target company.

In September 2021, FlyE Group completed its IPO and began trading on the Nasdaq Stock Market under the ticker symbol FLYE.