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

Siyata Mobile Inc. (NASDAQ:SYTA) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 192,000 shares, a decrease of 17.7% from the May 31st total of 233,400 shares. Currently, 31.6% of the company’s stock are sold short. Based on an average trading volume of 2,020,000 shares, the days-to-cover ratio is presently 0.1 days.

Siyata Mobile Trading Up 1.4 %

Shares of SYTA opened at $0.80 on Monday. The company has a current ratio of 0.82, a quick ratio of 0.44 and a debt-to-equity ratio of 0.05. Siyata Mobile has a 52 week low of $0.75 and a 52 week high of $55.30. The stock has a 50 day moving average of $2.01 and a 200-day moving average of $2.98.

Siyata Mobile (NASDAQ:SYTA) last issued its earnings results on Wednesday, May 15th. The company reported ($4.90) earnings per share (EPS) for the quarter. Siyata Mobile had a negative return on equity of 112.00% and a negative net margin of 123.48%. The business had revenue of $2.36 million during the quarter. As a group, sell-side analysts expect that Siyata Mobile will post -11.83 EPS for the current year.

Siyata Mobile Company Profile

Siyata Mobile Inc develops and provides cellular-based communications platform. It develops, markets, and sells rugged handheld Push-to-Talk over Cellular smartphone devices for first responders, construction workers, security guards, government agencies, utilities, transportation and waste management, amusement parks, and mobile workers in various industries.