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

Upexi, Inc. (NASDAQ:UPXI) was the recipient of a large drop in short interest in November. As of November 30th, there was short interest totalling 13,400 shares, a drop of 63.2% from the November 15th total of 36,400 shares. Based on an average trading volume of 893,200 shares, the days-to-cover ratio is presently 0.0 days. Currently, 1.8% of the shares of the stock are short sold.

Upexi Price Performance

Shares of UPXI stock traded down $0.20 during trading hours on Friday, reaching $4.90. 29,263 shares of the company were exchanged, compared to its average volume of 255,844. Upexi has a fifty-two week low of $2.17 and a fifty-two week high of $33.00. The stock’s fifty day moving average is $4.78 and its two-hundred day moving average is $5.94.

About Upexi

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.