Short Interest in Wytec International, Inc. (OTCMKTS:WYTC) Grows By 144.7%

Wytec International, Inc. (OTCMKTS:WYTC) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 186 shares, an increase of 144.7% from the December 31st total of 76 shares. Based on an average daily volume of 1,955 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 1,955 shares, the days-to-cover ratio is currently 0.1 days.

Wytec International Stock Performance

WYTC stock opened at $1.60 on Friday. The business has a fifty day simple moving average of $1.83 and a 200-day simple moving average of $1.76. Wytec International has a 52 week low of $0.84 and a 52 week high of $3.95.

About Wytec International

Wytec International, Inc is a U.S.-based wireless infrastructure company focused on the design, deployment and operation of small cell networks. The company develops turnkey solutions aimed at accelerating the rollout of next-generation wireless services, including 4G LTE and 5G technology. Through a combination of proprietary hardware and software, Wytec seeks to address the growing demand for high-capacity, low-latency connectivity in urban and suburban environments.

Central to Wytec’s offering is its BitBOX™ small cell platform, a modular system that integrates radios, antennas, power management and network intelligence into a compact enclosure.