Wytec International, Inc. (OTCMKTS:WYTC) Sees Large Increase in Short Interest

Wytec International, Inc. (OTCMKTS:WYTC) saw a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 272 shares, an increase of 46.2% from the January 15th total of 186 shares. Based on an average daily trading volume, of 8,059 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 8,059 shares, the short-interest ratio is currently 0.0 days.

Wytec International Stock Up 3.2%

OTCMKTS:WYTC opened at $1.60 on Tuesday. Wytec International has a 1 year low of $0.84 and a 1 year high of $3.95. The stock’s 50 day simple moving average is $1.74 and its two-hundred day simple moving average is $1.78.

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.