Safe Pro Group Inc. Common Stock (NASDAQ:SPAI) Trading Down 10.4% – Time to Sell?

Safe Pro Group Inc. Common Stock (NASDAQ:SPAI) shares fell 10.4% during trading on Monday . The stock traded as low as $2.85 and last traded at $2.93. 54,678 shares were traded during trading, a decline of 95% from the average session volume of 998,935 shares. The stock had previously closed at $3.27.

Safe Pro Group Inc. Common Stock Trading Up 4.6 %

The company’s 50-day moving average is $3.39.

Hedge Funds Weigh In On Safe Pro Group Inc. Common Stock

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SPAI. XTX Topco Ltd bought a new position in Safe Pro Group Inc. Common Stock in the 4th quarter valued at about $45,000. Two Sigma Securities LLC bought a new stake in Safe Pro Group Inc. Common Stock during the fourth quarter worth $81,000. Finally, Cresset Asset Management LLC lifted its stake in Safe Pro Group Inc. Common Stock by 16.7% during the fourth quarter. Cresset Asset Management LLC now owns 120,250 shares of the company’s stock worth $461,000 after purchasing an additional 17,250 shares during the last quarter.

About Safe Pro Group Inc. Common Stock

Safe Pro Group, Inc engages in the provision and acquisition of security and protection products. Its products include Artificial Intelligence (AI) and Machine Learning (ML) software technology and photogrammetry analysis tools, bullet and blast resistant personal protection equipment, and aerial managed services and mission-critical uncrewed solutions.