ParaZero Technologies Ltd. (NASDAQ:PRZO – Get Free Report) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 1,010,396 shares, a drop of 29.1% from the December 15th total of 1,425,094 shares. Based on an average trading volume of 796,454 shares, the short-interest ratio is presently 1.3 days. Currently, 16.7% of the company’s shares are short sold. Currently, 16.7% of the company’s shares are short sold. Based on an average trading volume of 796,454 shares, the short-interest ratio is presently 1.3 days.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of ParaZero Technologies in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, ParaZero Technologies presently has a consensus rating of “Sell”.
Get Our Latest Research Report on PRZO
ParaZero Technologies Trading Up 1.5%
ParaZero Technologies Company Profile
ParaZero Technologies (NASDAQ:PRZO) is a provider of safety and risk mitigation systems for unmanned aerial vehicles (UAVs). The company develops integrated flight termination and parachute deployment solutions designed to protect people, property and aircraft in the event of drone failures. Its flagship SafeAir™ product line features automated detection of loss-of-control scenarios, rapid parachute deployment and motor-kill capabilities, enabling safer operations across a range of commercial, industrial and defense applications.
Founded in 2016 and headquartered in Israel, ParaZero has expanded its footprint through partnerships and a network of authorized distributors in North America, Europe and Asia-Pacific.
Recommended Stories
- Five stocks we like better than ParaZero Technologies
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- A U.S. “birthright” claim worth trillions – activated quietly
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- NEW LAW: Congress Approves Setup For Digital Dollar?
Receive News & Ratings for ParaZero Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ParaZero Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
