Short Interest in Fly-E Group, Inc. (NASDAQ:FLYE) Declines By 9.3%

Fly-E Group, Inc. (NASDAQ:FLYEGet Free Report) saw a significant decrease in short interest in the month of 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. Based on an average trading volume of 348,800 shares, the short-interest ratio is currently 0.8 days. Currently, 3.4% of the shares of the stock are short sold.

Fly-E Group Stock Up 2.6 %

Shares of NASDAQ FLYE traded up $0.01 during trading on Tuesday, hitting $0.53. The company had a trading volume of 81,586 shares, compared to its average volume of 855,963. Fly-E Group has a fifty-two week low of $0.50 and a fifty-two week high of $7.62. The firm’s fifty day simple moving average is $0.62.

Fly-E Group (NASDAQ:FLYEGet Free Report) last announced its earnings results on Monday, August 19th. The company reported ($0.01) EPS for the quarter. The business had revenue of $7.87 million during the quarter.

Fly-E Group Company Profile

(Get Free Report)

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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