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

Wytec International, Inc. (OTCMKTS:WYTC) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 3,500 shares, a decrease of 60.2% from the August 15th total of 8,800 shares. Based on an average daily volume of 3,000 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 3,000 shares, the days-to-cover ratio is presently 1.2 days.

Wytec International Stock Up 2.9%

OTCMKTS:WYTC opened at $1.80 on Friday. The stock has a 50 day moving average of $1.63 and a 200-day moving average of $1.75. Wytec International has a 52 week low of $0.60 and a 52 week high of $3.95.

About Wytec International

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.