ParaZero Technologies Ltd. (NASDAQ:PRZO) Short Interest Up 1,269.9% in April

ParaZero Technologies Ltd. (NASDAQ:PRZO) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 437,000 shares, a growth of 1,269.9% from the March 31st total of 31,900 shares. Currently, 5.8% of the shares of the company are sold short. Based on an average daily trading volume, of 1,710,000 shares, the short-interest ratio is presently 0.3 days.

ParaZero Technologies Stock Down 8.8 %

ParaZero Technologies stock traded down $0.07 during mid-day trading on Thursday, reaching $0.73. 610,351 shares of the company were exchanged, compared to its average volume of 1,512,367. The firm’s 50-day simple moving average is $0.72 and its two-hundred day simple moving average is $0.95. ParaZero Technologies has a twelve month low of $0.56 and a twelve month high of $4.15.

ParaZero Technologies Company Profile

ParaZero Technologies Ltd., an aerospace company, designs, develops, manufactures, distributes, and sells autonomous parachute safety systems for commercial drones in the United States, Israel, Canada, Europe, and internationally. The company offers SafeAir system, a smart parachute system that monitors unmanned aerial systems flight in real-time, as well as identifies critical failures and autonomously triggers a parachute in the event of an emergency.