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

Siyata Mobile Inc. (NASDAQ:SYTA) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 46,400 shares, a drop of 72.3% from the March 31st total of 167,800 shares. Currently, 1.5% of the shares of the company are sold short. Based on an average daily trading volume, of 820,000 shares, the short-interest ratio is currently 0.1 days.

Siyata Mobile Stock Performance

Shares of NASDAQ SYTA traded up $0.04 during midday trading on Monday, reaching $1.25. 367,838 shares of the stock were exchanged, compared to its average volume of 717,480. The company has a quick ratio of 0.60, a current ratio of 1.03 and a debt-to-equity ratio of 0.04. The firm has a market cap of $100,000.00, a price-to-earnings ratio of 0.00 and a beta of 1.04. The firm has a 50-day simple moving average of $2.14 and a two-hundred day simple moving average of $6.02. Siyata Mobile has a twelve month low of $1.10 and a twelve month high of $885.58.

Siyata Mobile (NASDAQ:SYTA) last issued its quarterly earnings results on Friday, April 4th. The company reported ($18.55) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($6.99) by ($11.56). The business had revenue of $1.52 million for the quarter, compared to analysts’ expectations of $5.76 million. Siyata Mobile had a negative return on equity of 180.79% and a negative net margin of 168.59%.

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.