ParaZero Technologies Ltd. (NASDAQ:PRZO) Short Interest Update

ParaZero Technologies Ltd. (NASDAQ:PRZO) was the recipient of a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 688,500 shares, a decrease of 27.4% from the January 31st total of 948,200 shares. Currently, 6.7% of the company’s stock are short sold. Based on an average daily volume of 8,580,000 shares, the short-interest ratio is currently 0.1 days.

ParaZero Technologies Stock Down 0.2 %

ParaZero Technologies stock traded down $0.00 during trading on Tuesday, reaching $0.73. 399,805 shares of the company’s stock were exchanged, compared to its average volume of 2,548,776. The company’s 50-day moving average is $1.71 and its two-hundred day moving average is $1.11. ParaZero Technologies has a 52-week low of $0.49 and a 52-week high of $3.16.

Hedge Funds Weigh In On ParaZero Technologies

An institutional investor recently bought a new position in ParaZero Technologies stock. Virtu Financial LLC acquired a new stake in ParaZero Technologies Ltd. (NASDAQ:PRZO) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 42,878 shares of the company’s stock, valued at approximately $26,000. Virtu Financial LLC owned about 0.71% of ParaZero Technologies at the end of the most recent reporting period. 1.44% of the stock is owned by hedge funds and other institutional investors.

ParaZero Technologies Company Profile

ParaZero Technologies Ltd., an aerospace company, designs, develops, manufactures, distributes, and sells autonomous parachute safety systems for commercial drones in the United States, Israel, Canada, Europe, and internationally. The company offers SafeAir system, a smart parachute system that monitors unmanned aerial systems flight in real-time, as well as identifies critical failures and autonomously triggers a parachute in the event of an emergency.