Siyata Mobile Inc. (NASDAQ:SYTA) Sees Significant Drop in Short Interest

Siyata Mobile Inc. (NASDAQ:SYTA) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 73,900 shares, a decrease of 95.1% from the December 31st total of 1,510,000 shares. Currently, 1.8% of the company’s shares are short sold. Based on an average daily volume of 361,400 shares, the short-interest ratio is currently 0.2 days.

Siyata Mobile Trading Up 12.7 %

Shares of NASDAQ SYTA traded up $0.63 during mid-day trading on Tuesday, reaching $5.54. 276,491 shares of the company’s stock were exchanged, compared to its average volume of 207,842. The company’s 50-day moving average is $7.34 and its 200-day moving average is $20.43. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.60 and a current ratio of 1.03. The firm has a market capitalization of $442,880.00, a price-to-earnings ratio of 0.00 and a beta of 0.97. Siyata Mobile has a 52-week low of $4.50 and a 52-week high of $885.58.

Siyata Mobile Company Profile

Siyata Mobile Inc engages in the development and sale of cellular-based communications platform in the United States, Canada, Europe, Australia, the Middle East, and internationally. It develops, markets, and sells rugged handheld Push-to-Talk over Cellular smartphone devices for first responders, enterprise customers, construction workers, security guards, government agencies, utilities, transportation and waste management, amusement parks, and mobile workers in various industries.