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

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. Approximately 2.4% of the shares of the company are sold short. Based on an average daily volume of 1,980,000 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On AgEagle Aerial Systems

An institutional investor recently bought a new position in AgEagle Aerial Systems stock. Schonfeld Strategic Advisors LLC purchased a new position in AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 60,900 shares of the company’s stock, valued at approximately $211,000. Schonfeld Strategic Advisors LLC owned 1.28% of AgEagle Aerial Systems as of its most recent filing with the Securities and Exchange Commission (SEC). 10.89% of the stock is currently owned by hedge funds and other institutional investors.

AgEagle Aerial Systems Stock Up 1.4 %

UAVS stock opened at $1.46 on Friday. 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 $1.43 and a fifty-two week high of $69.50.

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.