AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) Short Interest Update

AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 406,800 shares, a growth of 62.2% from the February 13th total of 250,800 shares. Currently, 4.0% of the shares of the stock are short sold. Based on an average trading volume of 1,100,000 shares, the days-to-cover ratio is presently 0.4 days.

AgEagle Aerial Systems Trading Up 5.9 %

UAVS traded up $0.07 during midday trading on Friday, hitting $1.25. The company had a trading volume of 273,432 shares, compared to its average volume of 2,294,010. The company has a current ratio of 0.66, a quick ratio of 0.22 and a debt-to-equity ratio of 0.05. AgEagle Aerial Systems has a twelve month low of $1.13 and a twelve month high of $47.51. The firm has a 50-day moving average price of $2.36.

Institutional Investors Weigh In On AgEagle Aerial Systems

An institutional investor recently bought a new position in AgEagle Aerial Systems stock. Schonfeld Strategic Advisors LLC purchased a new position in shares of AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 60,900 shares of the company’s stock, valued at approximately $211,000. Schonfeld Strategic Advisors LLC owned 1.28% of AgEagle Aerial Systems at the end of the most recent reporting period. Hedge funds and other institutional investors own 10.89% of the company’s stock.

AgEagle Aerial Systems Company Profile

AgEagle Aerial Systems, Inc, through its subsidiaries, designs and delivers autonomous unmanned aerial systems worldwide. The company operates in three segments: Drones; Sensors; and Software-as-a-Service (SaaS). It offers unmanned aerial vehicles under the eBee Ag, eBee Geo, eBee TAC, eBee X, and eBee VISION brands; and sensor solutions, such as Altum-PT, RedEdge-P, Aeria X, Duet M, Duet T, S.O.D.A., and S.O.D.A.