Wytec International, Inc. (OTCMKTS:WYTC) Sees Significant Decline in Short Interest

Wytec International, Inc. (OTCMKTS:WYTC) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 76 shares, a decrease of 90.1% from the December 15th total of 770 shares. Based on an average daily volume of 2,785 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 2,785 shares, the days-to-cover ratio is currently 0.0 days.

Wytec International Stock Up 5.9%

Shares of OTCMKTS WYTC traded up $0.10 during midday trading on Monday, hitting $1.80. 1,000 shares of the company’s stock were exchanged, compared to its average volume of 900. The business’s fifty day moving average price is $1.87 and its two-hundred day moving average price is $1.71. Wytec International has a 12-month low of $0.79 and a 12-month high of $3.95.

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.