Siyata Mobile Inc. (NASDAQ:SYTA) Sees Large Drop in Short Interest

Siyata Mobile Inc. (NASDAQ:SYTA) saw a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 196,000 shares, a decrease of 42.4% from the November 15th total of 340,000 shares. Based on an average daily volume of 2,620,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 4.8% of the company’s shares are short sold.

Siyata Mobile Trading Up 4.9 %

SYTA traded up $0.04 during trading on Friday, reaching $0.86. 1,768,354 shares of the stock traded hands, compared to its average volume of 1,083,372. 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 stock’s 50-day moving average is $1.02 and its 200 day moving average is $6.53. Siyata Mobile has a 12 month low of $0.64 and a 12 month high of $90.90. The stock has a market capitalization of $689,639.80, a PE ratio of 0.00 and a beta of 0.93.

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.