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

ParaZero Technologies Ltd. (NASDAQ:PRZO) saw a significant growth in short interest in June. As of June 30th, there was short interest totalling 155,900 shares, a growth of 229.6% from the June 15th total of 47,300 shares. Based on an average daily volume of 1,160,000 shares, the short-interest ratio is currently 0.1 days. Currently, 1.7% of the company’s stock are sold short.

Institutional Inflows and Outflows

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

ParaZero Technologies Stock Up 2.4 %

Shares of PRZO traded up $0.02 during trading hours on Thursday, reaching $0.70. 168,197 shares of the stock traded hands, compared to its average volume of 1,008,109. The stock has a fifty day simple moving average of $0.67 and a 200 day simple moving average of $0.71. ParaZero Technologies has a 52 week low of $0.56 and a 52 week high of $4.15.

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.