Siyata Mobile Inc. (NASDAQ:SYTA) Short Interest Up 579.7% in February

by · The Cerbat Gem

Siyata Mobile Inc. (NASDAQ:SYTA – Get Free Report) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 308,600 shares, a growth of 579.7% from the February 13th total of 45,400 shares. Based on an average daily trading volume, of 677,500 shares, the days-to-cover ratio is presently 0.5 days. Approximately 31.4% of the company’s stock are short sold.

Siyata Mobile Stock Down 3.2 %

Shares of SYTA stock opened at $2.09 on Friday. Siyata Mobile has a 52-week low of $2.01 and a 52-week high of $885.58. The stock has a market cap of $167,200.00, a price-to-earnings ratio of 0.00 and a beta of 1.04. The firm’s 50-day moving average is $4.75 and its 200-day moving average is $8.21. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.60 and a current ratio of 1.03.

About Siyata Mobile

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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.

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