Short Interest in Upexi, Inc. (NASDAQ:UPXI) Declines By 78.2%

Upexi, Inc. (NASDAQ:UPXI) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 36,400 shares, a drop of 78.2% from the October 31st total of 166,800 shares. Currently, 4.8% of the shares of the stock are short sold. Based on an average daily volume of 877,000 shares, the short-interest ratio is currently 0.0 days.

Upexi Stock Down 8.3 %

Shares of NASDAQ UPXI traded down $0.38 during mid-day trading on Wednesday, reaching $4.19. The company had a trading volume of 140,319 shares, compared to its average volume of 263,318. Upexi has a one year low of $2.17 and a one year high of $33.00. The business’s 50-day simple moving average is $4.58 and its 200 day simple moving average is $6.24.

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.