Unusual Machines, Inc. (NYSEAMERICAN:UMAC – Get Free Report) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 10,800 shares, a growth of 237.5% from the September 30th total of 3,200 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 97,700 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Trading of Unusual Machines
An institutional investor recently bought a new position in Unusual Machines stock. Rathbones Group PLC acquired a new position in shares of Unusual Machines, Inc. (NYSEAMERICAN:UMAC – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 42,000 shares of the company’s stock, valued at approximately $55,000. Rathbones Group PLC owned 0.45% of Unusual Machines as of its most recent SEC filing.
Unusual Machines Trading Up 3.9 %
Shares of Unusual Machines stock traded up $0.06 on Friday, hitting $1.61. The stock had a trading volume of 36,137 shares, compared to its average volume of 120,017. The company has a quick ratio of 2.58, a current ratio of 5.50 and a debt-to-equity ratio of 0.20. Unusual Machines has a twelve month low of $0.98 and a twelve month high of $5.54.
Unusual Machines Company Profile
Unusual Machines, Inc designs, manufactures, and sells ultra-low latency video goggles for drone pilots. It operates a drone-focused e-commerce marketplace. The company serves drone pilots, hobbyists, and recreational services. The company was formerly known as AerocarveUS Corporation and changed its name to Unusual Machines, Inc in July 2022.
Read More
- Five stocks we like better than Unusual Machines
- What is the S&P/TSX Index?
- Texas Roadhouse Stock Steering for New Highs This Year
- The How and Why of Investing in Gold Stocks
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- How to Buy Cheap Stocks Step by Step
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Receive News & Ratings for Unusual Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unusual Machines and related companies with MarketBeat.com's FREE daily email newsletter.