Fly-E Group, Inc. (NASDAQ:FLYE – Get Free Report) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 582,100 shares, a decline of 40.4% from the February 13th total of 977,100 shares. Approximately 7.5% of the company’s shares are short sold. Based on an average trading volume of 1,880,000 shares, the short-interest ratio is presently 0.3 days.
Fly-E Group Stock Performance
NASDAQ:FLYE traded up $0.01 on Friday, hitting $0.48. 16,005 shares of the stock were exchanged, compared to its average volume of 1,168,619. The stock has a fifty day moving average of $0.52 and a 200-day moving average of $0.56. Fly-E Group has a fifty-two week low of $0.38 and a fifty-two week 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 business 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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