Wytec International, Inc. (OTCMKTS:WYTC) Short Interest Down 66.1% in August

Wytec International, Inc. (OTCMKTS:WYTC) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 608 shares, a decrease of 66.1% from the July 30th total of 1,794 shares. Based on an average daily trading volume, of 2,070 shares, the days-to-cover ratio is currently 0.3 days.

Wytec International Stock Performance

Shares of WYTC opened at $1.45 on Friday. The company has a 50-day moving average of $1.17 and a two-hundred day moving average of $1.36. Wytec International has a one year low of $0.56 and a one year high of $3.25.

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.