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

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

Wytec International Stock Performance

Shares of OTCMKTS WYTC opened at $1.06 on Monday. The stock has a 50 day simple moving average of $1.47 and a 200-day simple moving average of $1.68. Wytec International has a 12-month low of $0.84 and a 12-month high of $3.25.

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.