Short Interest in Baylin Technologies Inc. (OTCMKTS:BYLTF) Decreases By 34.4%

Baylin Technologies Inc. (OTCMKTS:BYLTF) was the recipient of a significant drop in short interest in May. As of May 29th, there was short interest totaling 37,195 shares, a drop of 34.4% from the May 14th total of 56,695 shares. Based on an average trading volume of 21,800 shares, the days-to-cover ratio is presently 1.7 days.

Baylin Technologies Trading Up 5.1%

Shares of BYLTF stock traded up $0.01 during trading hours on Tuesday, hitting $0.21. 54,000 shares of the company’s stock were exchanged, compared to its average volume of 11,471. Baylin Technologies has a 12-month low of $0.15 and a 12-month high of $0.29. The business’s 50 day simple moving average is $0.19 and its 200-day simple moving average is $0.20.

Baylin Technologies Company Profile

Baylin Technologies Inc is a Canada-based designer and manufacturer of radio frequency (RF) products and solutions for wireless infrastructure. The company’s portfolio includes a range of antennas, cable assemblies, filters, combiners and related passive RF components that support macro cell and small cell networks, in?building distributed antenna systems (DAS) and private network deployments. Baylin’s offerings are engineered to optimize network performance by delivering reliable signal transmission, low loss and wide bandwidth across multiple frequency bands.

Founded in the 1980s and headquartered in Ottawa, Ontario, Baylin Technologies operates manufacturing and engineering facilities in Canada, the United States and Asia.