Short Interest in Siyata Mobile Inc. (NASDAQ:SYTA) Drops By 42.4%

Siyata Mobile Inc. (NASDAQ:SYTA) was the target of a significant drop in short interest in November. As of November 30th, there was short interest totalling 196,000 shares, a drop of 42.4% from the November 15th total of 340,000 shares. Currently, 4.8% of the shares of the stock are sold short. Based on an average daily volume of 2,620,000 shares, the short-interest ratio is presently 0.1 days.

Siyata Mobile Price Performance

SYTA stock traded up $0.04 during trading on Friday, hitting $0.86. The stock had a trading volume of 1,768,354 shares, compared to its average volume of 1,083,372. The company’s 50-day moving average price is $1.02 and its two-hundred day moving average price is $6.53. The stock has a market capitalization of $689,639.80, a P/E ratio of 0.00 and a beta of 0.93. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.03 and a quick ratio of 0.60. Siyata Mobile has a twelve month low of $0.64 and a twelve month high of $90.90.

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.