Short Interest in ParaZero Technologies Ltd. (NASDAQ:PRZO) Decreases By 56.8%

ParaZero Technologies Ltd. (NASDAQ:PRZO) saw a significant decrease in short interest in March. As of March 31st, there was short interest totalling 238,700 shares, a decrease of 56.8% from the March 15th total of 552,800 shares. Based on an average daily volume of 1,700,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 1.5% of the company’s shares are short sold.

ParaZero Technologies Stock Performance

PRZO opened at $0.63 on Wednesday. The stock’s fifty day moving average is $0.88 and its two-hundred day moving average is $1.14. ParaZero Technologies has a 52 week low of $0.49 and a 52 week high of $3.16.

Institutional Trading of ParaZero Technologies

An institutional investor recently bought a new position in ParaZero Technologies stock. Virtu Financial LLC bought a new stake in shares of ParaZero Technologies Ltd. (NASDAQ:PRZO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 42,878 shares of the company’s stock, valued at approximately $26,000. Virtu Financial LLC owned 0.71% of ParaZero Technologies as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 1.44% of the company’s stock.

ParaZero Technologies Company Profile

ParaZero Technologies Ltd., an aerospace company, designs, develops, manufactures, distributes, and sells autonomous parachute safety systems for commercial drones in the United States, Israel, Canada, Europe, and internationally. The company offers SafeAir system, a smart parachute system that monitors unmanned aerial systems flight in real-time, as well as identifies critical failures and autonomously triggers a parachute in the event of an emergency.