AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) Short Interest Up 424.8% in November

Posted by Jeff Wilder on Nov 27th, 2024

AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS – Get Free Report) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 1,420,000 shares, a growth of 424.8% from the October 31st total of 270,600 shares. Approximately 53.2% of the shares of the stock are sold short. Based on an average daily volume of 7,100,000 shares, the short-interest ratio is presently 0.2 days.

Insider Buying and Selling at AgEagle Aerial Systems

In other news, major shareholder Of America Corp /De/ Bank sold 102,185 shares of the business’s stock in a transaction on Monday, October 28th. The stock was sold at an average price of $2.51, for a total value of $256,484.35. Following the completion of the transaction, the insider now directly owns 2 shares of the company’s stock, valued at $5.02. The trade was a 100.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.84% of the company’s stock.

Institutional Investors Weigh In On AgEagle Aerial Systems

An institutional investor recently bought a new position in AgEagle Aerial Systems stock. Virtu Financial LLC acquired a new position in shares of AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 37,717 shares of the company’s stock, valued at approximately $30,000. Virtu Financial LLC owned about 0.32% of AgEagle Aerial Systems as of its most recent SEC filing. 10.89% of the stock is currently owned by institutional investors and hedge funds.

AgEagle Aerial Systems Trading Up 13.5 %

UAVS stock traded up $0.73 during trading on Wednesday, hitting $6.12. The stock had a trading volume of 3,690,814 shares, compared to its average volume of 2,083,328. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.66 and a quick ratio of 0.22. AgEagle Aerial Systems has a 1-year low of $1.54 and a 1-year high of $142.10.

About AgEagle Aerial Systems

(Get Free Report)

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.