AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) Short Interest Update

AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,420,000 shares, an increase of 424.8% from the October 31st total of 270,600 shares. Approximately 53.2% of the shares of the company are short sold. Based on an average trading volume of 7,100,000 shares, the short-interest ratio is currently 0.2 days.

Insider Transactions at AgEagle Aerial Systems

In other AgEagle Aerial Systems news, major shareholder Of America Corp /De/ Bank sold 102,185 shares of the stock in a transaction on Monday, October 28th. The stock was sold at an average price of $2.51, for a total transaction of $256,484.35. Following the completion of the transaction, the insider now directly owns 2 shares in the company, valued at $5.02. This represents a 100.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.84% of the stock is currently owned by corporate insiders.

Institutional Investors 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 stake in shares of AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 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 filing with the Securities & Exchange Commission. 10.89% of the stock is currently owned by institutional investors and hedge funds.

AgEagle Aerial Systems Stock Up 39.9 %

Shares of NYSEAMERICAN:UAVS traded up $2.44 during midday trading on Friday, reaching $8.56. 10,594,879 shares of the company were exchanged, compared to its average volume of 2,121,264. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.22 and a current ratio of 0.66. AgEagle Aerial Systems has a fifty-two week low of $1.54 and a fifty-two week high of $139.20.

About AgEagle Aerial Systems

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.