Siyata Mobile Inc. (NASDAQ:SYTA) Sees Significant Increase in Short Interest

Siyata Mobile Inc. (NASDAQ:SYTA) saw a large growth in short interest during 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. Approximately 31.4% of the company’s shares are short sold. Based on an average daily volume of 677,500 shares, the days-to-cover ratio is currently 0.5 days.

Siyata Mobile Trading Down 0.5 %

SYTA opened at $2.16 on Thursday. The firm has a 50 day simple moving average of $4.83 and a 200 day simple moving average of $8.26. Siyata Mobile has a fifty-two week low of $2.01 and a fifty-two week high of $885.58. The company has a market cap of $172,800.00, a price-to-earnings ratio of 0.00 and a beta of 1.04. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.03 and a quick ratio of 0.60.

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.