AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) Short Interest Down 99.7% in October

AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totalling 11,300 shares, a decline of 99.7% from the September 30th total of 3,280,000 shares. Based on an average daily trading volume, of 1,360,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 1.6% of the shares of the stock are sold short.

AgEagle Aerial Systems Trading Up 30.8 %

NYSEAMERICAN UAVS traded up $0.53 on Friday, hitting $2.25. The company had a trading volume of 51,736,310 shares, compared to its average volume of 718,746. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.77 and a quick ratio of 0.24. AgEagle Aerial Systems has a 12-month low of $1.54 and a 12-month high of $196.00.

AgEagle Aerial Systems (NYSEAMERICAN:UAVS) last released its earnings results on Wednesday, August 14th. The company reported ($12.00) EPS for the quarter. AgEagle Aerial Systems had a negative return on equity of 272.78% and a negative net margin of 305.11%. The company had revenue of $3.39 million for the quarter.

Hedge Funds Weigh In On AgEagle Aerial Systems

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

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.