Siyata Mobile Inc. (NASDAQ:SYTA) Short Interest Update

Siyata Mobile Inc. (NASDAQ:SYTA) saw 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. Approximately 37.1% of the shares of the stock are short sold. Based on an average daily volume of 3,130,000 shares, the days-to-cover ratio is presently 0.5 days.

Siyata Mobile Price Performance

Shares of SYTA stock traded up $0.30 during mid-day trading on Friday, reaching $5.50. The stock had a trading volume of 539,409 shares, compared to its average volume of 111,747. 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 business has a 50-day simple moving average of $0.98 and a 200 day simple moving average of $4.97. Siyata Mobile has a 12-month low of $4.50 and a 12-month high of $909.00. The company has a market cap of $4.41 million, a P/E ratio of -0.02 and a beta of 0.94.

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.