Ageagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) Short Interest Down 37.1% in May

Ageagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS – Get Free Report) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 2,130,737 shares, a decrease of 37.1% from the April 30th total of 3,387,749 shares. Approximately 3.7% of the company’s shares are sold short. Based on an average daily volume of 2,003,956 shares, the short-interest ratio is currently 1.1 days.

Ageagle Aerial Systems Stock Performance

NYSEAMERICAN UAVS opened at $1.15 on Wednesday. Ageagle Aerial Systems has a twelve month low of $0.81 and a twelve month high of $3.61. The stock has a fifty day simple moving average of $1.03 and a 200 day simple moving average of $1.11.

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Ageagle Aerial Systems (NYSEAMERICAN:UAVS – Get Free Report) last posted its quarterly earnings data on Tuesday, March 31st. The company reported ($0.06) earnings per share for the quarter. The company had revenue of $2.99 million during the quarter. Ageagle Aerial Systems had a negative net margin of 103.38% and a negative return on equity of 57.41%.

Institutional Trading of Ageagle Aerial Systems

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in Ageagle Aerial Systems by 98.5% during the third quarter. Vanguard Group Inc. now owns 644,022 shares of the company’s stock valued at $1,294,000 after acquiring an additional 319,585 shares during the last quarter. UBS Group AG boosted its position in Ageagle Aerial Systems by 920.4% during the third quarter. UBS Group AG now owns 429,133 shares of the company’s stock valued at $863,000 after acquiring an additional 387,076 shares during the last quarter. Geode Capital Management LLC boosted its position in Ageagle Aerial Systems by 31.4% during the fourth quarter. Geode Capital Management LLC now owns 398,259 shares of the company’s stock valued at $324,000 after acquiring an additional 95,108 shares during the last quarter. DNB Asset Management AS boosted its position in 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 acquiring an additional 242,250 shares during the last quarter. Finally, Calamos Advisors LLC bought a new stake in Ageagle Aerial Systems during the first quarter valued at $273,000. 10.89% of the stock is currently owned by institutional investors and hedge funds.

Ageagle Aerial Systems Company Profile

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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.

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