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

Wytec International, Inc. (OTCMKTS:WYTCGet Free Report) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 76 shares, a decline of 90.1% from the December 15th total of 770 shares. Based on an average daily volume of 2,785 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 2,785 shares, the days-to-cover ratio is currently 0.0 days.

Wytec International Price Performance

Shares of OTCMKTS WYTC opened at $1.80 on Tuesday. Wytec International has a 1 year low of $0.79 and a 1 year high of $3.95. The firm has a fifty day moving average price of $1.88 and a 200-day moving average price of $1.71.

About Wytec International

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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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