Wytec International, Inc. (OTCMKTS:WYTC) Short Interest Up 2,014.3% in October

Wytec International, Inc. (OTCMKTS:WYTC) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 14,800 shares, an increase of 2,014.3% from the September 30th total of 700 shares. Based on an average trading volume of 33,800 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 33,800 shares, the short-interest ratio is presently 0.4 days.

Wytec International Trading Down 12.5%

Shares of Wytec International stock opened at $1.79 on Tuesday. The business has a 50-day moving average price of $1.67 and a two-hundred day moving average price of $1.55. Wytec International has a 1-year low of $0.60 and a 1-year 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.