Wytec International, Inc. (OTCMKTS:WYTC) Short Interest Update

Wytec International, Inc. (OTCMKTS:WYTC) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 608 shares, a drop of 66.1% from the July 30th total of 1,794 shares. Based on an average trading volume of 2,070 shares, the short-interest ratio is presently 0.3 days.

Wytec International Price Performance

Shares of OTCMKTS WYTC opened at $1.45 on Friday. Wytec International has a 12 month low of $0.56 and a 12 month high of $3.25. The business has a 50-day moving average of $1.17 and a 200-day moving average of $1.36.

Wytec International Company Profile

Wytec International, Inc is a U.S.-based wireless infrastructure company focused on the design, deployment and operation of small cell networks. The company develops turnkey solutions aimed at accelerating the rollout of next-generation wireless services, including 4G LTE and 5G technology. Through a combination of proprietary hardware and software, Wytec seeks to address the growing demand for high-capacity, low-latency connectivity in urban and suburban environments.

Central to Wytec’s offering is its BitBOX™ small cell platform, a modular system that integrates radios, antennas, power management and network intelligence into a compact enclosure.