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

AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) was the recipient of a significant decline in short interest in 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 trading volume of 7,840,000 shares, the short-interest ratio is currently 0.1 days. Currently, 19.0% of the company’s shares are sold short.

AgEagle Aerial Systems Stock Performance

AgEagle Aerial Systems stock traded down $0.73 during mid-day trading on Tuesday, reaching $3.47. 2,037,859 shares of the company were exchanged, compared to its average volume of 2,128,015. AgEagle Aerial Systems has a 12-month low of $1.54 and a 12-month high of $117.50. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.22 and a current ratio of 0.66.

Insider Activity

In other news, major shareholder Of America Corp /De/ Bank sold 102,185 shares of the 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 transaction, the insider now directly owns 2 shares in the company, valued at approximately $5.02. This trade represents a 100.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.84% of the company’s stock.

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.