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Short Interest in Tower One Wireless Corp. (OTCMKTS:TOWTF) Expands By 117.7%

Defense World ·  Feb 13, 2023 03:01

Tower One Wireless Corp. (OTCMKTS:TOWTF – Get Rating) was the target of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 43,100 shares, an increase of 117.7% from the January 15th total of 19,800 shares. Based on an average daily trading volume, of 110,900 shares, the days-to-cover ratio is currently 0.4 days.

Tower One Wireless Trading Up 2.5 %

Shares of TOWTF stock opened at $0.05 on Monday. Tower One Wireless has a twelve month low of $0.04 and a twelve month high of $0.08. The company has a market capitalization of $5.94 million, a PE ratio of -1.00 and a beta of 0.02. The firm has a fifty day simple moving average of $0.05 and a 200-day simple moving average of $0.05.

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

About Tower One Wireless

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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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