AeroVironment, Inc. (NASDAQ:AVAV) Short Interest Update
AeroVironment, Inc. (NASDAQ:AVAV) experienced a significant increase in short interest, rising 19.9% to 3,141,453 shares by December 31. This represents 6.3% of the company's shares sold short, with a days-to-cover ratio of 3.4 days based on an average daily volume of 919,188 shares. The company reported a quarterly EPS of $0.44, missing estimates, but revenue increased by 150.7% year-over-year. Recent insider sales included CFO Kevin Mcdonnell and Director Stephen Page, with total insider sales amounting to $1,092,503 over the last three months.
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