FLYW Company Profile and Key Details

Flywire Corporation (NASDAQ:FLYW) closed at $14.53 USD, gaining $0.31 (2.18%) from the previous close of $14.22. The stock is currently within 5% of its 52-week high $9.69 and $15.25. With a market capitalization of about $1.73 billion, Flywire Corporation is classified as a small-cap and shows higher-than-market volatility (beta ~1.30). Key stats such as the average daily volume over the past year has been around 1.81 million shares, trading with heavier-than-usual volume. Headquartered in Boston, MA, Flywire Corporation operates in the Technology sector and the Information Technology Services industry. Led by CEO Michael Massaro, the company employs approximately 1,250 people and listed since May 26, 2021. Flywire Corporation, together with its subsidiaries, operates as a payment enablement and software company in the United States, Canada, and the United Kingdom, and internationally.

Short-term trend indicators are mixed aligned (SMA20 11.99%, SMA50 -1.89%, SMA200 2.22%). The stock’s 14-day RSI is 59.33 (neutral), while the ATR of 0.6 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -15.67% below its high and over 56.83% above its low. Average 10-day trading volume of 1.96 million shares is in line with the 3-month average of 1.79 million, indicating normal recent market interest.

Flywire Corporation has 120.44 million shares outstanding. The public float is 90.07 million shares, elevated short interest at 4.36% of float. This equals 4.58 million shares. The short ratio is 2.06 days. Institutional investors hold 91.51% of the float. Insiders own 3.46%. Salem Enrique T holds 8.80 million shares, Agarwal Ajay has 8.80 million shares and BAIN CAPITAL VENTURE INVESTORS, LLC has 8.80 million shares. Over the past six months, insider transactions show net selling. They sold 228.54 thousand shares across 9 transactions.