ParaZero Technologies Ltd. (NASDAQ:PRZO) Short Interest Down 19.0% in October

ParaZero Technologies Ltd. (NASDAQ:PRZO) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 94,500 shares, a decline of 19.0% from the October 15th total of 116,700 shares. Based on an average daily trading volume, of 376,300 shares, the short-interest ratio is currently 0.3 days. Currently, 1.1% of the shares of the stock are short sold.

Institutional Trading of ParaZero Technologies

An institutional investor recently bought a new position in ParaZero Technologies stock. Virtu Financial LLC bought a new position in shares of ParaZero Technologies Ltd. (NASDAQ:PRZO) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 41,378 shares of the company’s stock, valued at approximately $25,000. Virtu Financial LLC owned about 0.68% of ParaZero Technologies at the end of the most recent reporting period. 1.44% of the stock is currently owned by institutional investors and hedge funds.

ParaZero Technologies Stock Up 4.8 %

Shares of NASDAQ PRZO traded up $0.03 during mid-day trading on Friday, reaching $0.59. The company had a trading volume of 82,251 shares, compared to its average volume of 772,365. ParaZero Technologies has a one year low of $0.49 and a one year high of $1.87. The business’s 50-day simple moving average is $0.62 and its 200 day simple moving average is $0.64.

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.