Duke Robotics Corp (NASDAQ:DUKR) Short Interest Update

Duke Robotics Corp (NASDAQ:DUKR) was the target of a large 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. Currently, 1.8% of the company’s stock are sold short. Based on an average daily volume of 62,180 shares, the days-to-cover ratio is currently 0.8 days.

Wall Street Analyst Weigh In

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

Duke Robotics Stock Up 15.1%

Shares of Duke Robotics stock traded up $0.89 during midday trading on Tuesday, reaching $6.80. 65,150 shares of the company’s stock traded hands, compared to its average volume of 16,038. The company has a market capitalization of $23.19 million, a P/E ratio of -27.20 and a beta of 2.08. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.30. Duke Robotics has a 52 week low of $3.80 and a 52 week high of $14.20.

About Duke Robotics

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.