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Short Interest in Tower One Wireless Corp. (OTCMKTS:TOWTF) Declines By 19.2%

kopsource ·  Jan 21, 2023 07:42

Tower One Wireless Corp. (OTCMKTS:TOWTF – Get Rating) saw a significant decrease in short interest in the month of December. As of December 30th, there was short interest totalling 31,500 shares, a decrease of 19.2% from the December 15th total of 39,000 shares. Based on an average daily trading volume, of 80,900 shares, the short-interest ratio is presently 0.4 days.

Tower One Wireless Price Performance

TOWTF stock opened at $0.05 on Friday. The stock has a market capitalization of $5.81 million, a P/E ratio of -1.10 and a beta of 0.06. The business has a 50-day moving average of $0.05 and a 200-day moving average of $0.05. Tower One Wireless has a fifty-two week low of $0.04 and a fifty-two week high of $0.08.

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Tower One Wireless (OTCMKTS:TOWTF – Get Rating) last posted its quarterly earnings data on Tuesday, November 29th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $7.10 million for the quarter.

Tower One Wireless Company Profile

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Tower One Wireless Corp. owns, develops, and operates build-to-suit multitenant communications towers in Argentina, Colombia, Mexico, the United States, and internationally. It primarily engages in the leasing of space on communications sites to mobile network operators. The company also provides tower-related services, including site acquisition, zoning and permitting, structural analysis, and construction.

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