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

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

Siyata Mobile Trading Down 2.8 %

Shares of NASDAQ:SYTA traded down $0.19 during trading on Tuesday, hitting $6.59. 40,146 shares of the company’s stock were exchanged, compared to its average volume of 316,995. The firm has a 50-day moving average price of $8.52 and a two-hundred day moving average price of $29.05. Siyata Mobile has a 1-year low of $4.50 and a 1-year high of $885.58. The firm has a market cap of $527,200.00, a P/E ratio of -0.02 and a beta of 0.97. The company has a current ratio of 1.03, a quick ratio of 0.60 and a debt-to-equity ratio of 0.04.

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.