Fly-E Group, Inc. (NASDAQ:FLYE) Sees Large Growth in Short Interest

Posted by Brian Himes on Oct 27th, 2026

Fly-E Group, Inc. (NASDAQ:FLYE – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 282,852 shares, a growth of 543.7% from the September 30th total of 43,940 shares. Based on an average daily trading volume, of 15,838,775 shares, the short-interest ratio is presently 0.0 days. Currently, 18.2% of the shares of the company are sold short.

Fly-E Group Price Performance

FLYE traded down $0.04 on Tuesday, reaching $1.80. 8,739 shares of the company’s stock were exchanged, compared to its average volume of 1,415,154. Fly-E Group has a twelve month low of $1.22 and a twelve month high of $22.00. The stock has a market cap of $2.93 million, a PE ratio of -0.22 and a beta of -0.70. The stock’s fifty day moving average price is $1.86 and its 200-day moving average price is $2.46.

Fly-E Group (NASDAQ:FLYE – Get Free Report) last issued its earnings results on Tuesday, September 1st. The company reported ($2.41) earnings per share (EPS) for the quarter. The business had revenue of $2.75 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Fly-E Group in a research report on Monday, September 21st. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Check Out Our Latest Report on Fly-E Group

Institutional Trading of Fly-E Group

An institutional investor recently bought a new position in Fly-E Group stock. Citadel Advisors LLC purchased a new stake in Fly-E Group, Inc. (NASDAQ:FLYE – Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 14,702 shares of the company’s stock, valued at approximately $31,000. Citadel Advisors LLC owned approximately 0.90% of Fly-E Group at the end of the most recent reporting period.

Fly-E Group Company Profile

(Get Free Report)

Fly-E Group, Inc is an electric mobility company that sells electric bicycles, electric scooters and electric motorcycles, along with related parts and accessories. Its product offerings include items such as batteries, chargers, helmets, locks and other equipment used by electric-vehicle riders.

The company also provides services that support its products, including vehicle maintenance, repairs and battery-related services. Fly-E Group markets its products through retail locations and online channels, serving customers primarily in the United States.

Founded in 2015, the company operates under the Fly E-Bike brand and has built its business around urban electric transportation.