Duke Robotics Corp (NASDAQ:DUKR) Short Interest Up 96.4% in May

Duke Robotics Corp (NASDAQ:DUKR) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 46,899 shares, a growth of 96.4% from the May 14th total of 23,882 shares. Approximately 1.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 62,180 shares, the short-interest ratio is presently 0.8 days.

Duke Robotics Stock Performance

Shares of Duke Robotics stock traded down $0.20 during trading on Monday, hitting $5.91. The stock had a trading volume of 48,298 shares, compared to its average volume of 15,590. The company has a market cap of $20.14 million, a P/E ratio of -23.64 and a beta of 2.07. The company has a debt-to-equity ratio of 3.30, a current ratio of 0.62 and a quick ratio of 0.62. Duke Robotics has a 1 year low of $3.80 and a 1 year high of $14.20.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings started coverage on shares of Duke Robotics in a report on Friday, June 5th. They set a “sell (e+)” rating for the company. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Duke Robotics has an average rating of “Sell”.

Duke Robotics Company Profile

Duke Robotics Corp (Nasdaq: DUKR) is a Fort Lauderdale, Florida–based company that develops advanced stabilization and autonomous robotic drone systems for both civilian and defense markets. On the civilian side, its Insulator Cleaning Drone (IC Drone) is a drone-enabled system for cleaning and monitoring high-voltage electric utility insulators, and its AEROTRACE platform uses AI-powered aerial monitoring to help infrastructure operators assess assets and prioritize maintenance. In defense, the company holds the intellectual property behind the Bird of Prey, a fully stabilized remote weapon system designed for non-line-of-sight and stand-off engagements, which is marketed by Elbit Systems Land Ltd.