AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) Sees Significant Drop in Short Interest

AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) saw a significant decrease in short interest during the month of 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 daily volume of 1,980,000 shares, the short-interest ratio is currently 0.1 days. Approximately 2.4% of the shares of the stock are sold short.

AgEagle Aerial Systems Stock Down 8.2 %

NYSEAMERICAN:UAVS opened at $1.34 on Tuesday. 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 52-week low of $1.34 and a 52-week high of $65.50.

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 acquired a new stake in AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 60,900 shares of the company’s stock, valued at approximately $211,000. Schonfeld Strategic Advisors LLC owned about 1.28% of AgEagle Aerial Systems at the end of the most recent quarter. Hedge funds and other institutional investors own 10.89% of the company’s stock.

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.