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

Upexi, Inc. (NASDAQ:UPXI) was the recipient of a large 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 company are short sold. Based on an average daily trading volume, of 877,000 shares, the short-interest ratio is presently 0.0 days.

Upexi Stock Down 8.3 %

UPXI stock traded down $0.38 during trading hours on Wednesday, hitting $4.19. 140,319 shares of the stock were exchanged, compared to its average volume of 263,318. The company has a 50-day simple moving average of $4.58 and a two-hundred day simple moving average of $6.24. Upexi has a 12 month low of $2.17 and a 12 month high of $33.00.

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.