Short Interest in Siyata Mobile Inc. (NASDAQ:SYTA) Increases By 158.6%

Siyata Mobile Inc. (NASDAQ:SYTA) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totalling 108,100 shares, a growth of 158.6% from the August 15th total of 41,800 shares. Based on an average daily trading volume, of 825,900 shares, the days-to-cover ratio is currently 0.1 days. Approximately 13.5% of the company’s stock are short sold.

Siyata Mobile Stock Up 2.6 %

NASDAQ SYTA traded up $0.03 during trading hours on Friday, hitting $1.18. 561,341 shares of the company traded hands, compared to its average volume of 369,232. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.41 and a current ratio of 0.54. The business’s 50-day moving average is $5.14 and its 200-day moving average is $30.55. The stock has a market capitalization of $672,600.00, a price-to-earnings ratio of -0.03 and a beta of 1.10. Siyata Mobile has a twelve month low of $1.04 and a twelve month high of $437.22.

Siyata Mobile (NASDAQ:SYTA) last released its earnings results on Thursday, August 15th. The company reported ($47.88) earnings per share for the quarter. Siyata Mobile had a negative net margin of 269.08% and a negative return on equity of 182.47%. The firm had revenue of $1.89 million during the quarter. Sell-side analysts anticipate that Siyata Mobile will post -212.77 earnings per share for the current year.

About Siyata Mobile

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.