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

Siyata Mobile Inc. (NASDAQ:SYTA) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 70,000 shares, a decrease of 77.3% from the February 28th total of 308,600 shares. Based on an average daily volume of 800,300 shares, the short-interest ratio is presently 0.1 days. Currently, 7.1% of the company’s stock are short sold.

Siyata Mobile Price Performance

Shares of SYTA opened at $2.07 on Friday. 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 firm’s fifty day simple moving average is $3.68 and its 200-day simple moving average is $7.39. The firm has a market capitalization of $165,200.00, a price-to-earnings ratio of 0.00 and a beta of 1.04. Siyata Mobile has a twelve month low of $1.82 and a twelve month high of $885.58.

About Siyata Mobile

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.