Siyata Mobile (SYTAW) Short Interest Ratio & Short Volume

Short interest is the volume of Siyata Mobile shares that have been sold short but have not yet been closed out or covered. As of September 15th, traders have sold 14,800 shares of SYTAW short. Learn More on Siyata Mobile's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. SYTAW shares currently have a short interest ratio of 2.0. Learn More on Siyata Mobile's short interest ratio.

Here is how the short interest of companies in the industry of "communication" compare to Siyata Mobile: T-Mobile US, Inc. (3.00%), Spotify Technology (4.74%), America Movil, S.A.B. de C.V. Unsponsored ADR (0.49%), Chunghwa Telecom Co., Ltd. (0.13%), Tencent Music Entertainment Group Sponsored ADR (3.26%), Telefonica SA (0.09%), Warner Bros. Discovery, Inc. (5.25%), Vodafone Group PLC (0.65%), Liberty Media Corporation - Liberty Formula One Series C (2.65%), Fox Corporation (7.08%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Corporation ($4.11 billion), Canadian Natural Resources Limited ($3.64 billion), Charter Communications, Inc. ($3.15 billion), Lucid Group, Inc. ($2.09 billion), Chesapeake Energy Co. ($2.02 billion), Coinbase Global, Inc. ($2.01 billion), T. Rowe Price Group, Inc. ($1.92 billion), Plug Power, Inc. ($1.77 billion), Rivian Automotive, Inc. ($1.71 billion), and Williams-Sonoma, Inc. ($1.59 billion). View all of the most shorted stocks.

Short selling SYTAW is an investing strategy that aims to generate trading profit from Siyata Mobile as its price is falling. SYTAW shares are trading up $0.01 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Siyata Mobile occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of SYTAW, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including SYTAW, twice per month. The most recent reporting period available is September, 15 2022.