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

Upexi, Inc. (NASDAQ:UPXI) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 16,400 shares, a decline of 20.8% from the December 15th total of 20,700 shares. Approximately 2.2% of the shares of the company are short sold. Based on an average daily volume of 898,400 shares, the days-to-cover ratio is presently 0.0 days.

Upexi Price Performance

UPXI stock traded up $0.07 during trading on Thursday, hitting $3.67. 526 shares of the company traded hands, compared to its average volume of 24,230. The company has a quick ratio of 0.53, a current ratio of 0.69 and a debt-to-equity ratio of 0.39. The stock’s 50-day simple moving average is $4.49 and its 200 day simple moving average is $5.00. Upexi has a 1 year low of $2.17 and a 1 year high of $33.00.

Upexi (NASDAQ:UPXI) last posted its quarterly earnings data on Thursday, December 19th. The company reported ($1.55) EPS for the quarter.

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.