Wytec International, Inc. (OTCMKTS:WYTC) Sees Large Increase in Short Interest

Wytec International, Inc. (OTCMKTS:WYTC) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 10,900 shares, agrowthof240.6% from the June 30th total of 3,200 shares. Based on an average daily volume of 22,300 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 22,300 shares, the days-to-cover ratio is currently 0.5 days.

Wytec International Price Performance

OTCMKTS WYTC opened at $1.90 on Tuesday. The stock’s fifty day moving average is $1.40 and its two-hundred day moving average is $1.72. Wytec International has a fifty-two week low of $0.60 and a fifty-two week high of $4.00.

Wytec International Company Profile

Wytec International, Inc, a Nevada corporation (“Wytec”), is a designer and developer of small cell technology and wide area networks designed to support 5G cell phone network coverage deployments across the United States. Wytec offers in-building and citywide 5G solutions utilizing multiple 5G equipment vendors in combination with its patented LPN-16 small cell technology to complete its network designs.