Wytec International, Inc. (OTCMKTS:WYTC – Get Free Report) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 713 shares, an increase of 97.0% from the April 15th total of 362 shares. Based on an average daily trading volume, of 1,287 shares, the short-interest ratio is currently 0.6 days.
Wytec International Stock Performance
Shares of Wytec International stock opened at $1.05 on Monday. Wytec International has a 1 year low of $0.84 and a 1 year high of $3.25. The company has a 50-day moving average of $1.60 and a 200 day moving average of $1.75.
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.
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