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

Ageagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 5,909,106 shares, a growth of 285.8% from the December 31st total of 1,531,734 shares. Based on an average daily trading volume, of 33,076,985 shares, the short-interest ratio is presently 0.2 days. Currently, 13.7% of the company’s stock are sold short. Currently, 13.7% of the company’s stock are sold short. Based on an average daily trading volume, of 33,076,985 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Ageagle Aerial Systems

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. UBS Group AG raised its holdings in Ageagle Aerial Systems by 920.4% during the 3rd quarter. UBS Group AG now owns 429,133 shares of the company’s stock worth $863,000 after purchasing an additional 387,076 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Ageagle Aerial Systems by 98.5% in the third quarter. Vanguard Group Inc. now owns 644,022 shares of the company’s stock worth $1,294,000 after purchasing an additional 319,585 shares during the period. DNB Asset Management AS increased its stake in shares of Ageagle Aerial Systems by 203.4% during the third quarter. DNB Asset Management AS now owns 361,332 shares of the company’s stock valued at $726,000 after buying an additional 242,250 shares during the period. Geode Capital Management LLC boosted its position in shares of Ageagle Aerial Systems by 247.4% during the second quarter. Geode Capital Management LLC now owns 146,450 shares of the company’s stock valued at $151,000 after buying an additional 104,290 shares during the last quarter. Finally, J.W. Cole Advisors Inc. bought a new position in shares of Ageagle Aerial Systems in the 3rd quarter valued at about $101,000. Hedge funds and other institutional investors own 10.89% of the company’s stock.

Ageagle Aerial Systems Stock Performance

Shares of UAVS stock traded down $0.09 during trading hours on Friday, reaching $1.06. The company had a trading volume of 2,283,659 shares, compared to its average volume of 18,822,568. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.78 and a quick ratio of 4.44. The stock has a fifty day moving average of $1.23 and a 200-day moving average of $1.71. Ageagle Aerial Systems has a 12-month low of $0.72 and a 12-month high of $3.61.

Ageagle Aerial Systems (NYSEAMERICAN:UAVS) last posted its earnings results on Friday, November 14th. The company reported ($0.09) earnings per share for the quarter. Ageagle Aerial Systems had a negative net margin of 151.69% and a negative return on equity of 178.12%. The firm had revenue of $1.97 million during the quarter.

Ageagle Aerial Systems Company Profile

Ageagle Aerial Systems, Inc (NYSE American: UAVS) is an investment and operating company dedicated to the commercial unmanned aerial systems (UAS) sector. The firm acquires and integrates UAS-related businesses across research and development, manufacturing, sales and contract operations. By combining R&D and integration, direct product sales and aerial services, Ageagle builds a diversified offering of drone technologies and end-to-end solutions for a range of industries.

Ageagle’s subsidiaries develop and supply both fixed-wing and multirotor unmanned platforms equipped with advanced payloads such as precision agricultural spraying systems, multispectral imaging, LiDAR scanning and thermal sensors.