flyExclusive, Inc. (NYSE:FLYX - Get Free Report) dropped 1.3% on Wednesday . The stock traded as low as $3.01 and last traded at $3.10. Approximately 5,707 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 29,679 shares. The stock had previously closed at $3.14.
flyExclusive Stock Up 0.2 %
The company has a 50-day moving average price of $3.29 and a two-hundred day moving average price of $2.99.
Hedge Funds Weigh In On flyExclusive
A number of institutional investors and hedge funds have recently added to or reduced their stakes in FLYX. Citadel Advisors LLC acquired a new position in shares of flyExclusive in the fourth quarter worth about $70,000. Raymond James Financial Inc. acquired a new stake in flyExclusive during the 4th quarter valued at approximately $64,000. Finally, CastleKnight Management LP increased its holdings in flyExclusive by 51.6% during the 4th quarter. CastleKnight Management LP now owns 287,118 shares of the company's stock worth $904,000 after purchasing an additional 97,705 shares during the last quarter. 12.99% of the stock is owned by hedge funds and other institutional investors.
flyExclusive Company Profile
(
Get Free Report)
flyExclusive, Inc, through its subsidiary, LGM Enterprises, LLC., owns and operates private jets in North America. It also offers jet charter services; and aircraft maintenance, repair, overhaul (MRO) operations, and interior and exterior refurbishment services, as well as wholesale and retail ad hoc flights, a jet club program, partnership program, fractional program, and other services.
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