AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) Sees Large Growth in Short Interest

AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 406,800 shares, an increase of 62.2% from the February 13th total of 250,800 shares. Currently, 4.0% of the shares of the company are short sold. Based on an average daily volume of 1,100,000 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of AgEagle Aerial Systems

An institutional investor recently bought a new position in AgEagle Aerial Systems stock. Schonfeld Strategic Advisors LLC bought a new position in shares of AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 60,900 shares of the company’s stock, valued at approximately $211,000. Schonfeld Strategic Advisors LLC owned approximately 1.28% of AgEagle Aerial Systems at the end of the most recent quarter. Institutional investors own 10.89% of the company’s stock.

AgEagle Aerial Systems Stock Up 0.4 %

UAVS opened at $1.26 on Monday. The firm’s 50 day moving average is $2.36. The company has a quick ratio of 0.22, a current ratio of 0.66 and a debt-to-equity ratio of 0.05. AgEagle Aerial Systems has a 52 week low of $1.13 and a 52 week high of $47.51.

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.