Fly-E Group, Inc. (NASDAQ:FLYE – Get Free Report) was the target of a large decrease in short interest in October. As of October 31st, there was short interest totalling 264,700 shares, a decrease of 9.3% from the October 15th total of 291,800 shares. Currently, 3.4% of the shares of the company are sold short. Based on an average daily volume of 348,800 shares, the short-interest ratio is presently 0.8 days.
Fly-E Group Price Performance
Shares of NASDAQ:FLYE traded up $0.01 during trading on Tuesday, hitting $0.53. 81,586 shares of the stock traded hands, compared to its average volume of 855,963. The business’s fifty day simple moving average is $0.62. Fly-E Group has a 52-week low of $0.50 and a 52-week high of $7.62.
Fly-E Group (NASDAQ:FLYE – Get Free Report) last issued its quarterly earnings data on Monday, August 19th. The company reported ($0.01) earnings per share for the quarter. The business had revenue of $7.87 million for the quarter.
Fly-E Group Company Profile
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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