Short Interest in Siyata Mobile Inc. (NASDAQ:SYTA) Drops By 17.7%

Siyata Mobile Inc. (NASDAQ:SYTA) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totalling 192,000 shares, a decrease of 17.7% from the May 31st total of 233,400 shares. Based on an average daily volume of 2,020,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 31.6% of the company’s shares are sold short.

Siyata Mobile Stock Up 1.4 %

Shares of NASDAQ:SYTA opened at $0.80 on Monday. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.82 and a quick ratio of 0.44. The stock’s 50-day moving average price is $2.01 and its two-hundred day moving average price is $2.98. Siyata Mobile has a 12-month low of $0.75 and a 12-month high of $55.30.

Siyata Mobile (NASDAQ:SYTA) last announced its quarterly earnings data on Wednesday, May 15th. The company reported ($4.90) earnings per share for the quarter. Siyata Mobile had a negative return on equity of 112.00% and a negative net margin of 123.48%. The company had revenue of $2.36 million for the quarter. As a group, equities analysts expect that Siyata Mobile will post -11.83 EPS for the current fiscal year.

About Siyata Mobile

Siyata Mobile Inc develops and provides cellular-based communications platform. It develops, markets, and sells rugged handheld Push-to-Talk over Cellular smartphone devices for first responders, construction workers, security guards, government agencies, utilities, transportation and waste management, amusement parks, and mobile workers in various industries.