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

Siyata Mobile Inc. (NASDAQ:SYTA) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 1,510,000 shares, an increase of 670.4% from the November 30th total of 196,000 shares. Based on an average daily trading volume, of 3,130,000 shares, the days-to-cover ratio is presently 0.5 days. Approximately 37.1% of the company’s stock are sold short.

Siyata Mobile Stock Up 29.8 %

SYTA traded up $1.55 during trading on Friday, reaching $6.75. 732,980 shares of the stock were exchanged, compared to its average volume of 112,578. 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 stock’s 50 day moving average price is $1.10 and its two-hundred day moving average price is $4.70. Siyata Mobile has a twelve month low of $4.50 and a twelve month high of $909.00. The stock has a market cap of $540,000.00, a P/E ratio of -0.02 and a beta of 0.93.

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.