Short Interest in Siyata Mobile Inc. (NASDAQ:SYTA) Expands By 670.4%

Siyata Mobile Inc. (NASDAQ:SYTA) was the recipient of a significant increase in short interest in 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 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 short sold.

Siyata Mobile Stock Performance

SYTA traded down $0.03 during midday trading on Thursday, hitting $0.49. 1,009,302 shares of the company were exchanged, compared to its average volume of 1,098,102. The firm has a market capitalization of $390,333.40, a price-to-earnings ratio of 0.00 and a beta of 0.94. Siyata Mobile has a 1-year low of $0.45 and a 1-year high of $90.90. The company’s 50 day simple moving average is $0.99 and its 200 day simple moving average is $5.00. The company has a current ratio of 1.03, a quick ratio of 0.60 and a debt-to-equity ratio of 0.04.

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.