Short Interest in Fly-E Group, Inc. (NASDAQ:FLYE) Rises By 253.9%

Fly-E Group, Inc. (NASDAQ:FLYEGet Free Report) was the recipient of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 977,100 shares, a growth of 253.9% from the January 31st total of 276,100 shares. Approximately 12.6% of the shares of the stock are sold short. Based on an average trading volume of 1,890,000 shares, the short-interest ratio is currently 0.5 days.

Fly-E Group Trading Up 0.7 %

NASDAQ:FLYE opened at $0.45 on Friday. Fly-E Group has a 1 year low of $0.38 and a 1 year high of $7.62. The stock has a fifty day moving average price of $0.55 and a two-hundred day moving average price of $0.59.

Fly-E Group (NASDAQ:FLYEGet Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $5.68 million for 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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