Fly-E Group, Inc. (NASDAQ:FLYE – Get Free Report) was the target of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 264,700 shares, a decline 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 trading volume, of 348,800 shares, the short-interest ratio is presently 0.8 days.
Fly-E Group Price Performance
NASDAQ FLYE traded up $0.02 on Tuesday, reaching $0.54. 110,441 shares of the company’s stock traded hands, compared to its average volume of 856,209. The business has a 50 day moving average of $0.62. Fly-E Group has a fifty-two week low of $0.50 and a fifty-two week high of $7.62.
Fly-E Group (NASDAQ:FLYE – Get Free Report) last released its earnings results on Monday, August 19th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $7.87 million for 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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