Dakota Fanning and Elizabeth Olsen were spotted wearing cutoffs and riding bikes in the 95-degree weather in NYC yesterday.

OK! GALLERY: DAKOTA FANNING DEBUTS A SHORT NEW DO WHILE FILMING IN LONDON

The duo are in Brooklyn, filming Very Good Girls, a movie about two recently graduated high school seniors who make a pact to lose their virginity. The pact gets a little more serious when both girls fall for the same street artist, testing their friendship.

OK! GALLERY: ELIZABETH OLSEN WOWS AT THE 2012 SUNDANCE FILM FESTIVAL FOR RED LIGHTS

Demi Moore, Peter Sarsgaard and Richard Dreyfuss are set to co-star in the flick with a tentative 2013 release date.

We can't get over how grown-up Dakota has become; we've been watching her grow from a young girl. “Since I was young, I’ve always known who I was. I never really had to go through finding who I am," Dakota told the February issue of Cosmopolitan magazine. "I’ve always felt really secure.”

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