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

by · The Cerbat Gem

AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS – Get Free Report) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 270,600 shares, an increase of 2,294.7% from the October 15th total of 11,300 shares. Based on an average daily trading volume, of 2,670,000 shares, the short-interest ratio is currently 0.1 days. Approximately 31.8% of the shares of the company are short sold.

AgEagle Aerial Systems Trading Down 4.2 %

Shares of UAVS traded down $0.08 during trading hours on Tuesday, hitting $1.82. The company had a trading volume of 439,397 shares, compared to its average volume of 821,108. The company has a quick ratio of 0.24, a current ratio of 0.77 and a debt-to-equity ratio of 0.04. AgEagle Aerial Systems has a 52-week low of $1.54 and a 52-week high of $196.00.

AgEagle Aerial Systems (NYSEAMERICAN:UAVS – Get Free Report) last posted its quarterly earnings data on Wednesday, August 14th. The company reported ($12.00) earnings per share for the quarter. The company had revenue of $3.39 million for the quarter. AgEagle Aerial Systems had a negative net margin of 305.11% and a negative return on equity of 272.78%.

Insider Activity at AgEagle Aerial Systems

In other news, major shareholder Of America Corp /De/ Bank sold 102,185 shares of AgEagle Aerial Systems stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $2.51, for a total transaction of $256,484.35. Following the transaction, the insider now owns 2 shares in the company, valued at $5.02. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.84% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On AgEagle Aerial Systems

A hedge fund recently bought a new stake in AgEagle Aerial Systems stock. Virtu Financial LLC bought a new position in shares of AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 37,717 shares of the company’s stock, valued at approximately $30,000. Virtu Financial LLC owned approximately 0.32% 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 Company Profile

(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.

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