Upexi, Inc. (NASDAQ:UPXI – Get Free Report) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 13,400 shares, a drop of 79.9% from the May 31st total of 66,700 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 40,300 shares, the short-interest ratio is currently 0.3 days.
Hedge Funds Weigh In On Upexi
An institutional investor recently bought a new position in Upexi stock. Team Hewins LLC purchased a new position in Upexi, Inc. (NASDAQ:UPXI – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 428,254 shares of the company’s stock, valued at approximately $497,000. Team Hewins LLC owned about 2.11% of Upexi as of its most recent SEC filing. 5.68% of the stock is currently owned by institutional investors and hedge funds.
Upexi Stock Down 3.1 %
Shares of NASDAQ:UPXI traded down $0.01 during midday trading on Friday, reaching $0.40. 5,283 shares of the company traded hands, compared to its average volume of 77,441. Upexi has a 12 month low of $0.37 and a 12 month high of $2.44. The firm’s fifty day moving average price is $0.47 and its two-hundred day moving average price is $0.73. 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 Company Profile
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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