Short Interest in Siyata Mobile Inc. (NASDAQ:SYTA) Declines By 95.1%

Siyata Mobile Inc. (NASDAQ:SYTA) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 73,900 shares, a decrease of 95.1% from the December 15th total of 1,510,000 shares. Approximately 1.8% of the shares of the company are short sold. Based on an average daily volume of 361,400 shares, the short-interest ratio is currently 0.2 days.

Siyata Mobile Stock Performance

SYTA stock traded down $0.14 during trading on Tuesday, reaching $6.64. 36,449 shares of the stock were exchanged, compared to its average volume of 316,496. Siyata Mobile has a twelve month low of $4.50 and a twelve month high of $885.58. The company has a market capitalization of $531,200.00, a P/E ratio of -0.02 and a beta of 0.97. The stock has a 50 day simple moving average of $8.52 and a 200-day simple moving average of $29.05. The company has a current ratio of 1.03, a quick ratio of 0.60 and a debt-to-equity ratio of 0.04.

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.