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

Siyata Mobile Inc. (NASDAQ:SYTA) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 73,900 shares, a drop of 95.1% from the December 31st total of 1,510,000 shares. Approximately 1.8% of the shares of the company are short sold. Based on an average trading volume of 361,400 shares, the days-to-cover ratio is presently 0.2 days.

Siyata Mobile Stock Performance

NASDAQ SYTA traded up $1.01 during trading on Wednesday, reaching $6.15. 713,218 shares of the company’s stock were exchanged, compared to its average volume of 240,085. Siyata Mobile has a fifty-two week low of $4.50 and a fifty-two week high of $885.58. The stock has a market capitalization of $492,000.00, a P/E ratio of 0.00 and a beta of 0.97. The business has a 50 day moving average price of $7.23 and a 200-day moving average price of $19.50. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.03 and a quick ratio of 0.60.

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.