Siyata Mobile (NASDAQ:SYTA) Trading Down 6.6%

Siyata Mobile Inc. (NASDAQ:SYTA)’s share price fell 6.6% on Thursday . The company traded as low as $2.63 and last traded at $2.71. 33,714 shares changed hands during trading, an increase of 64% from the average session volume of 20,576 shares. The stock had previously closed at $2.90.

Siyata Mobile Stock Down 4.4 %

The business has a fifty day simple moving average of $3.24 and a two-hundred day simple moving average of $5.19. The company has a current ratio of 1.24, a quick ratio of 0.58 and a debt-to-equity ratio of 0.04.

Hedge Funds Weigh In On Siyata Mobile

Large investors have recently made changes to their positions in the business. Walleye Capital LLC acquired a new position in shares of Siyata Mobile during the second quarter worth $315,000. Anson Funds Management LP acquired a new position in shares of Siyata Mobile in the 1st quarter valued at $274,000. Virtu Financial LLC acquired a new position in shares of Siyata Mobile in the 1st quarter valued at $68,000. Bank of America Corp DE acquired a new position in shares of Siyata Mobile in the 1st quarter valued at $31,000. Finally, Jane Street Group LLC acquired a new position in shares of Siyata Mobile in the 1st quarter valued at $30,000. 9.87% of the stock is owned by institutional investors and hedge funds.

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.