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Fly-E Group (FLYE) Short Interest Ratio & Short Volume

Fly-E Group logo
$0.41 +0.01 (+3.54%)
(As of 12/20/2024 05:31 PM ET)

Fly-E Group Short Interest Data

Fly-E Group (FLYE) has a short interest of 177,300 shares, representing 2.28% of the float (the number of shares available for trading by the public). This marks a -22.47% decrease in short interest from the previous month. The short interest ratio (days to cover) is 0.7, indicating that it would take 0.7 days of the average trading volume of 750,301 shares to cover all short positions.

Current Short Interest
177,300 shares
Previous Short Interest
228,700 shares
Change Vs. Previous Month
-22.47%
Dollar Volume Sold Short
$74,111.40
Short Interest Ratio
0.7 Days to Cover
Last Record Date
November 30, 2024
Outstanding Shares
24,587,000 shares
Float Size
7,760,000 shares
Short Percent of Float
2.28%
Today's Trading Volume
139,539 shares
Average Trading Volume
750,301 shares
Today's Volume Vs. Average
19%
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FLYE Short Interest Over Time

FLYE Days to Cover Over Time

FLYE Percentage of Float Shorted Over Time

Fly-E Group Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
11/30/2024177,300 shares $74,111.40 -22.5%2.3%0.7 $0.42
11/15/2024228,700 shares $157,642.91 -13.6%3.0%0.9 $0.69
10/31/2024264,700 shares $183,384.16 -9.3%3.4%0.8 $0.69
10/15/2024291,800 shares $173,445.92 -16.1%3.8%0.5 $0.59
9/30/2024347,800 shares $212,853.60 +21.4%4.5%0.3 $0.61
9/15/2024286,600 shares $169,151.32 -39.6%3.7%0.2 $0.59
8/31/2024474,500 shares $333,573.50 -52.6%6.1%0.4 $0.70
8/15/20241,000,000 shares $987,000.00 +19.2%12.9%0.6 $0.99
7/31/2024839,300 shares $814,121.00 +285.9%11.2%0.5 $0.97
7/15/2024217,500 shares $1.45 million No Change2.9%0.1 $6.68

FLYE Short Interest - Frequently Asked Questions

What is Fly-E Group's current short interest?

Short interest is the volume of Fly-E Group shares that have been sold short but have not yet been covered or closed out. As of November 30th, investors have sold 177,300 shares of FLYE short. 2.28% of Fly-E Group's shares are currently sold short. Learn More on Fly-E Group's current short interest.

What is a good short interest ratio for Fly-E Group?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. FLYE shares currently have a short interest ratio of 1.0. Learn More on Fly-E Group's short interest ratio.

What is a good short interest percentage for Fly-E Group?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 2.28% of Fly-E Group's floating shares are currently sold short.

Is Fly-E Group's short interest increasing or decreasing?

Fly-E Group saw a drop in short interest in November. As of November 30th, there was short interest totaling 177,300 shares, a drop of 22.5% from the previous total of 228,700 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

What is Fly-E Group's float size?

Fly-E Group currently has issued a total of 24,587,000 shares. Some of Fly-E Group's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Fly-E Group currently has a public float of 7,760,000 shares.

How does Fly-E Group's short interest compare to its competitors?

2.28% of Fly-E Group's shares are currently sold short. Here is how the short interest of companies in the sector of "auto/tires/trucks" compare to Fly-E Group: Beam Global (7.72%), Workhorse Group Inc. (15.14%), Mingteng International Co. Inc. (0.22%), ECD Automotive Design, Inc. (0.88%), Cenntro Inc. (2.63%), Xos, Inc. (10.46%), Carbon Revolution Public Limited (1.34%), GreenPower Motor Company Inc. (0.35%), Envirotech Vehicles, Inc. (2.10%), U Power Limited (2.29%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 billion). View all of the most shorted stocks.

What does it mean to sell short Fly-E Group stock?

Short selling FLYE is an investing strategy that aims to generate trading profit from Fly-E Group as its price is falling. FLYE shares are trading up $0.01 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Fly-E Group?

A short squeeze for Fly-E Group occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of FLYE, which in turn drives the price of the stock up even further.

How often is Fly-E Group's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FLYE, twice per month. The most recent reporting period available is November, 30 2024.




This page (NASDAQ:FLYE) was last updated on 12/23/2024 by MarketBeat.com Staff
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