Short Interest in AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) Declines By 14.9%

AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 818,000 shares, a decline of 14.9% from the November 30th total of 961,600 shares. Based on an average daily trading volume, of 7,840,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 19.0% of the shares of the company are short sold.

AgEagle Aerial Systems Trading Down 17.4 %

Shares of NYSEAMERICAN:UAVS traded down $0.73 during midday trading on Tuesday, reaching $3.47. 2,037,859 shares of the company were exchanged, compared to its average volume of 2,128,015. 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 one year low of $1.54 and a one year high of $117.50.

Insider Activity at AgEagle Aerial Systems

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

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.