Object Bar Hierarchy-Put object on a parent folder

Ok, this might be trivial, but how do I place an object which exists within a sub-folder, back in a parent folder???

I can simply drag and drop an object in a sub-folder within the hierarchy structure, but I can't figure out how to do the opposite!

Any ideas?

Thanks,

Elias

You can drag and drop items from a sub-folder to the parent folder.

Oh, yes, this can be done from the Project bar, not from the Object bar...

Thanks —

Elias