ParaZero Technologies Ltd. (NASDAQ:PRZO) Short Interest Update

ParaZero Technologies Ltd. (NASDAQ:PRZO) was the recipient of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 688,500 shares, a decrease of 27.4% from the January 31st total of 948,200 shares. Based on an average trading volume of 8,580,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 6.7% of the shares of the company are sold short.

Institutional Investors Weigh In On ParaZero Technologies

An institutional investor recently bought a new position in ParaZero Technologies stock. Virtu Financial LLC purchased a new stake in ParaZero Technologies Ltd. (NASDAQ:PRZO) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 42,878 shares of the company’s stock, valued at approximately $26,000. Virtu Financial LLC owned 0.71% of ParaZero Technologies at the end of the most recent quarter. Institutional investors own 1.44% of the company’s stock.

ParaZero Technologies Price Performance

PRZO traded down $0.00 on Tuesday, hitting $0.73. 399,805 shares of the company’s stock were exchanged, compared to its average volume of 2,548,776. ParaZero Technologies has a twelve month low of $0.49 and a twelve month high of $3.16. The stock has a fifty day moving average of $1.71 and a two-hundred day moving average of $1.11.

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.