Draganfly (OTCMKTS:DFLYF) Shares Up 21.8% – Here’s What Happened

Shares of Draganfly Inc. (OTCMKTS:DFLYFGet Free Report) traded up 21.8% on Monday . The company traded as high as $7.5350 and last traded at $7.53. 3,765,172 shares changed hands during trading, an increase of 249% from the average session volume of 1,080,169 shares. The stock had previously closed at $6.18.

Draganfly Price Performance

The company has a 50-day simple moving average of $8.26 and a 200-day simple moving average of $6.16.

About Draganfly

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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.

Further Reading

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