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Upexi, Inc. (NASDAQ:UPXI) Sees Large Decline in Short Interest

Upexi logo with Business Services background

Upexi, Inc. (NASDAQ:UPXI - Get Free Report) saw a significant decrease in short interest in September. As of September 30th, there was short interest totalling 15,500 shares, a decrease of 96.4% from the September 15th total of 428,900 shares. Based on an average daily trading volume, of 60,200 shares, the days-to-cover ratio is currently 0.3 days. Currently, 2.1% of the company's shares are sold short.

Upexi Stock Down 1.6 %

Shares of Upexi stock traded down $0.04 during trading on Thursday, hitting $2.37. The stock had a trading volume of 34,513 shares, compared to its average volume of 22,978. Upexi has a 1 year low of $2.17 and a 1 year high of $36.56. The stock has a 50 day simple moving average of $0.49 and a 200 day simple moving average of $0.47. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.33 and a current ratio of 0.93.

Upexi (NASDAQ:UPXI - Get Free Report) last posted its quarterly earnings data on Tuesday, July 9th. The company reported ($0.20) earnings per share for the quarter. The firm had revenue of $14.45 million for the quarter. Upexi had a negative return on equity of 54.97% and a negative net margin of 28.34%.

Upexi Company Profile

(Get Free Report)

Upexi, Inc manufactures and sells various branded products in the health, wellness, pet, beauty, and other markets. The company was formerly known as Grove, Inc and changed its name to Upexi, Inc in August 2022. The company was incorporated in 2018 and is headquartered in Clearwater, Florida.

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