Wytec International, Inc. (OTCMKTS:WYTC) Short Interest Update

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

Wytec International Stock Down 11.3%

OTCMKTS WYTC opened at $1.65 on Thursday. Wytec International has a 1-year low of $0.84 and a 1-year high of $3.95. The company has a 50 day moving average of $1.83 and a 200-day moving average of $1.76.

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.