AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) Short Interest Up 424.8% in November

AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 1,420,000 shares, a growth of 424.8% from the October 31st total of 270,600 shares. Based on an average trading volume of 7,100,000 shares, the days-to-cover ratio is presently 0.2 days. Approximately 53.2% of the shares of the company are short sold.

Insider Buying and Selling

In other AgEagle Aerial Systems news, major shareholder Of America Corp /De/ Bank sold 102,185 shares of the stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $2.51, for a total value of $256,484.35. Following the transaction, the insider now directly owns 2 shares of the company’s stock, valued at $5.02. This represents a 100.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.84% of the stock is owned by insiders.

Institutional Inflows and Outflows

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) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 37,717 shares of the company’s stock, valued at approximately $30,000. Virtu Financial LLC owned about 0.32% of AgEagle Aerial Systems at the end of the most recent reporting period. 10.89% of the stock is owned by institutional investors.

AgEagle Aerial Systems Trading Up 39.9 %

Shares of NYSEAMERICAN:UAVS traded up $2.44 on Friday, reaching $8.56. 10,594,879 shares of the company’s stock were exchanged, compared to its average volume of 2,121,264. 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 twelve month low of $1.54 and a twelve month high of $139.20.

About AgEagle Aerial Systems

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.