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

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

Siyata Mobile Stock Up 19.6 %

Shares of NASDAQ:SYTA traded up $1.01 during trading on Wednesday, hitting $6.15. 713,218 shares of the company’s stock traded hands, compared to its average volume of 240,085. The company has a 50-day moving average price of $7.23 and a 200-day moving average price of $19.50. Siyata Mobile has a 52 week low of $4.50 and a 52 week high of $885.58. The company has a current ratio of 1.03, a quick ratio of 0.60 and a debt-to-equity ratio of 0.04. The company has a market cap of $492,000.00, a price-to-earnings ratio of 0.00 and a beta of 0.97.

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.