Ageagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) Short Interest Up 285.8% in January

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

Institutional Trading of Ageagle Aerial Systems

A number of institutional investors have recently modified their holdings of UAVS. UBS Group AG lifted its position in shares of Ageagle Aerial Systems by 920.4% in the third quarter. UBS Group AG now owns 429,133 shares of the company’s stock valued at $863,000 after buying an additional 387,076 shares during the last quarter. Vanguard Group Inc. increased its position in Ageagle Aerial Systems by 98.5% during the 3rd quarter. Vanguard Group Inc. now owns 644,022 shares of the company’s stock worth $1,294,000 after buying an additional 319,585 shares during the period. DNB Asset Management AS lifted its holdings 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 worth $726,000 after buying an additional 242,250 shares in the last quarter. Geode Capital Management LLC raised its stake in Ageagle Aerial Systems by 247.4% in the 2nd quarter. Geode Capital Management LLC now owns 146,450 shares of the company’s stock worth $151,000 after purchasing an additional 104,290 shares in the last quarter. Finally, J.W. Cole Advisors Inc. bought a new stake in Ageagle Aerial Systems in the 3rd quarter valued at about $101,000. 10.89% of the stock is currently owned by institutional investors.

Ageagle Aerial Systems Price Performance

Shares of UAVS traded down $0.04 on Wednesday, hitting $1.18. The company’s stock had a trading volume of 3,035,242 shares, compared to its average volume of 20,555,387. The firm’s fifty day moving average price is $1.22 and its 200-day moving average price is $1.71. Ageagle Aerial Systems has a fifty-two week low of $0.72 and a fifty-two week high of $3.61. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.78 and a quick ratio of 4.44.

Ageagle Aerial Systems (NYSEAMERICAN:UAVS) last announced its quarterly 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 company 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.