Safe Pro Group Inc. Common Stock (NASDAQ:SPAI) Trading Down 10.4% – What’s Next?

Safe Pro Group Inc. Common Stock (NASDAQ:SPAI)’s share price fell 10.4% during mid-day trading on Monday . The company traded as low as $2.85 and last traded at $2.93. 54,678 shares were traded during mid-day trading, a decline of 95% from the average session volume of 998,935 shares. The stock had previously closed at $3.27.

Safe Pro Group Inc. Common Stock Stock Up 4.6 %

The stock has a 50 day moving average price of $3.39.

Hedge Funds Weigh In On Safe Pro Group Inc. Common Stock

A number of institutional investors have recently added to or reduced their stakes in SPAI. XTX Topco Ltd acquired a new stake in Safe Pro Group Inc. Common Stock in the fourth quarter valued at approximately $45,000. Two Sigma Securities LLC bought a new position in shares of Safe Pro Group Inc. Common Stock in the 4th quarter valued at $81,000. Finally, Cresset Asset Management LLC boosted its holdings in shares of Safe Pro Group Inc. Common Stock by 16.7% during the 4th quarter. Cresset Asset Management LLC now owns 120,250 shares of the company’s stock valued at $461,000 after acquiring an additional 17,250 shares in the last quarter.

Safe Pro Group Inc. Common Stock Company Profile

Safe Pro Group, Inc engages in the provision and acquisition of security and protection products. Its products include Artificial Intelligence (AI) and Machine Learning (ML) software technology and photogrammetry analysis tools, bullet and blast resistant personal protection equipment, and aerial managed services and mission-critical uncrewed solutions.