Upexi, Inc. (NASDAQ:UPXI) Short Interest Update

Upexi, Inc. (NASDAQ:UPXI) saw a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 36,800 shares, an increase of 323.0% from the January 15th total of 8,700 shares. Based on an average daily trading volume, of 157,000 shares, the short-interest ratio is currently 0.2 days. Currently, 4.9% of the company’s stock are short sold.

Institutional Investors Weigh In On Upexi

A hedge fund recently bought a new stake in Upexi stock. Bank of Montreal Can acquired a new position in shares of Upexi, Inc. (NASDAQ:UPXI) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. 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 own 5.68% of the company’s stock.

Upexi Trading Up 3.9 %

Shares of UPXI stock traded up $0.15 during trading hours on Thursday, hitting $3.84. 11,502 shares of the company were exchanged, compared to its average volume of 181,911. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.53 and a current ratio of 0.69. Upexi has a one year low of $2.17 and a one year high of $28.00. The business’s 50-day simple moving average is $4.06 and its two-hundred day simple moving average is $4.37.

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

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.