Draganfly (OTCMKTS:DFLYF) Shares Up 5.6% – Here’s What Happened

Draganfly Inc. (OTCMKTS:DFLYF) rose 5.6% during trading on Wednesday . The stock traded as high as $6.92 and last traded at $6.77. Approximately 2,928,098 shares traded hands during trading, an increase of 171% from the average daily volume of 1,080,169 shares. The stock had previously closed at $6.41.

Draganfly Stock Up 5.6%

The business’s fifty day moving average is $7.75 and its 200-day moving average is $7.71.

About Draganfly

Draganfly (OTCMKTS:DFLYF) is a Canadian-based developer and manufacturer of unmanned aerial vehicles (UAVs) and drone systems for commercial, industrial and government applications. The company designs and produces a range of aerial platforms, including quadcopters, hexacopters and fixed-wing drones equipped with high-resolution cameras, thermal and multispectral sensors. Draganfly’s integrated solutions combine hardware, software and data services to support site inspection, public safety, search and rescue, precision agriculture and environmental monitoring.

Founded in 1998 by Zenon Dragan, Draganfly introduced one of the world’s first commercial helicopter drones and has maintained its head office in Saskatoon, Saskatchewan.