Upexi, Inc. (NASDAQ:UPXI) Short Interest Down 43.9% in February

Upexi, Inc. (NASDAQ:UPXI) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 20,800 shares, a decrease of 43.9% from the February 13th total of 37,100 shares. Based on an average daily trading volume, of 142,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 2.0% of the shares of the company are sold short.

Upexi Stock Up 3.3 %

UPXI traded up $0.08 during trading on Friday, reaching $2.52. 9,538 shares of the company were exchanged, compared to its average volume of 278,629. The firm has a 50 day moving average of $3.50 and a 200 day moving average of $4.12. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.58 and a quick ratio of 0.53. Upexi has a 52 week low of $2.17 and a 52 week high of $15.91.

Upexi (NASDAQ:UPXI) last released its quarterly earnings results on Friday, February 14th. The company reported ($1.24) earnings per share (EPS) for the quarter. The firm had revenue of $4.01 million during the quarter.

Institutional Trading of Upexi

An institutional investor recently bought a new position in Upexi stock. Bank of Montreal Can acquired a new stake in Upexi, Inc. (NASDAQ:UPXI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,008 shares of the company’s stock, valued at approximately $36,000. Bank of Montreal Can owned 0.81% of Upexi as of its most recent SEC filing. Institutional investors and hedge funds own 5.68% of the company’s stock.

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.