Shares of Ageagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS – Get Free Report) traded down 3.6% on Wednesday . The stock traded as low as $0.6541 and last traded at $0.6743. 630,318 shares traded hands during mid-day trading, an increase of 8% from the average session volume of 582,629 shares. The stock had previously closed at $0.6995.
Ageagle Aerial Systems Trading Down 3.6%
The company’s 50 day moving average is $0.89 and its 200-day moving average is $1.02.
Institutional Trading of Ageagle Aerial Systems
Hedge funds and other institutional investors have recently modified their holdings of the business. Bridgeway Capital Management LLC purchased a new position in Ageagle Aerial Systems in the fourth quarter valued at about $25,000. Two Sigma Investments LP purchased a new stake in Ageagle Aerial Systems during the 3rd quarter worth approximately $42,000. Renaissance Technologies LLC purchased a new stake in Ageagle Aerial Systems during the 4th quarter worth approximately $77,000. XTX Topco Ltd raised its position in shares of Ageagle Aerial Systems by 690.5% in the 4th quarter. XTX Topco Ltd now owns 98,203 shares of the company’s stock valued at $80,000 after purchasing an additional 85,780 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Ageagle Aerial Systems in the 4th quarter valued at approximately $91,000. 10.89% of the stock is owned by hedge funds and other institutional investors.
About Ageagle Aerial Systems
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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