AgEagle Aerial Systems Short Interest Ratio and Short Volume

Short interest is the volume of AgEagle Aerial Systems shares that have been sold short but have not yet been closed out or covered. As of May 28th, traders have sold 11,480,000 shares of UAVS short. 18.12% of AgEagle Aerial Systems' shares are currently sold short. View details.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. AgEagle Aerial Systems currently has a short interest ratio of 3.0.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 18.12% of AgEagle Aerial Systems' floating shares are currently sold short.

AgEagle Aerial Systems saw a increase in short interest in May. As of May 28th, there was short interest totaling 11,480,000 shares, an increase of 8.3% from the previous total of 10,600,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

AgEagle Aerial Systems currently has issued a total of 68,421,000 shares. Some of AgEagle Aerial Systems' outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. AgEagle Aerial Systems currently has a public float of 63,370,000 shares.

18.12% of AgEagle Aerial Systems' shares are currently sold short. Here is how the short interest of companies in the sector of "consumer staples" compare to AgEagle Aerial Systems: SunOpta Inc. (1.74%), Scholastic Co. (2.27%), Adecoagro S.A. (0.00%), Schweitzer-Mauduit International, Inc. (1.59%), Mandom Corporation (0.00%), Arko Corp. (9.55%), The Chefs' Warehouse, Inc. (10.97%), Matthews International Co. (2.17%), Calavo Growers, Inc. (4.86%), and John B. Sanfilippo & Son, Inc. (4.32%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Tesla, Inc. ($25.04 billion), AstraZeneca PLC ($7.50 billion), Aon plc ($7.09 billion), Square, Inc. ($6.95 billion), Analog Devices, Inc. ($6.90 billion), Advanced Micro Devices, Inc. ($6.79 billion), Charter Communications, Inc. ($6.18 billion), S&P Global Inc. ($5.54 billion), Sea Limited ($4.96 billion), and Wayfair Inc. ($4.25 billion). View all of the most shorted stocks.

Short selling UAVS is an investing strategy that aims to generate trading profit from AgEagle Aerial Systems as its price is falling. AgEagle Aerial Systems' stock is trading up $0.22 today. To short AgEagle Aerial Systems stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that AgEagle Aerial Systems will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for AgEagle Aerial Systems occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of UAVS, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including UAVS, twice per month. The most recent reporting period available is May, 28 2021.