Short Interest in AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) Decreases By 45.1%

AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 250,800 shares, a decrease of 45.1% from the January 31st total of 456,900 shares. Based on an average trading volume of 1,980,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 2.4% of the company’s shares are short sold.

AgEagle Aerial Systems Trading Up 1.4 %

UAVS opened at $1.46 on Friday. AgEagle Aerial Systems has a 12 month low of $1.43 and a 12 month high of $69.50. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.22 and a current ratio of 0.66.

Institutional Investors Weigh In On AgEagle Aerial Systems

A hedge fund recently bought a new stake in AgEagle Aerial Systems stock. Schonfeld Strategic Advisors LLC purchased a new position in shares of AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 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. 10.89% of the stock is owned by hedge funds and other institutional investors.

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.