Wytec International, Inc. (OTCMKTS:WYTC) Short Interest Down 50.1% in May

Wytec International, Inc. (OTCMKTS:WYTC) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 356 shares, a decrease of 50.1% from the April 30th total of 713 shares. Based on an average daily volume of 3,629 shares, the short-interest ratio is presently 0.1 days.

Wytec International Stock Performance

WYTC opened at $1.06 on Monday. Wytec International has a 1-year low of $0.84 and a 1-year high of $3.25. The business has a 50 day moving average price of $1.47 and a two-hundred day moving average price of $1.68.

Wytec International Company Profile

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.