Renaissance Technologies Picks Up New Position in SYTA
According to a recent Form 13F filing submitted to the SEC, Renaissance Technologies LLC disclosed a noteworthy and bullish position in SYTA stock. Here’s what you need to know about Siyata Mobile Inc., as well as Renaissance Technologies LLC’s position in shares of SYTA stock:
About Siyata Mobile Inc. (NASDAQ: SYTA)
Siyata Mobile Inc. develops and provides cellular communications solutions for enterprise customers. It provides connected-vehicle devices and various accessories that are designed for professional fleets, such as trucks, vans, buses, ambulances, government cars, and others. The company also develops, markets, and sells rugged Push-To-Talk (PTT), mobile devices, cellular amplifiers, and various accessories. In addition, it offers 4G LTE devices, such as Uniden UV350 and Uniden CP250, in-vehicle communication devices that incorporate voice, push-to-talk over cellular, navigation, and data fleet management solutions. Further, the company provides cellular booster solutions, such as Uniden U60C 4G and U65C 4G to enhance connectivity; Uniden U70 FN for inside buildings, Uniden UM50 FN for inside vehicles, and the Uniden UM2M FN that can connect to its Uniden UV350 in vehicle communicator; Uniden Mobile Coverage Kit; Mission Critical Push-To-Talk device; and Vehicle Kit 7, a vehicle kit accessory that provides an in-vehicle solution. It serves cellular network operators and their dealers, as well as commercial vehicle technology distributors for fleets in Israel, Europe, Africa, the Middle East, Australia, New Zealand, Canada, and the United States. The company was incorporated in 1986 and is headquartered in Montreal, Canada. Learn more about Siyata Mobile Inc. on their website here
Renaissance Technologies’ Position in SYTA
According to the most recent 13F filed by Renaissance Technologies, the firm added 46,403 shares of SYTA stock to it holdings in the recent quarter. That brings their total long position in Siyata Mobile Inc. to 46,403 shares, representing approximately 0.2595% of the entire 17,880,699 SYTA shares outstanding. Based on the most recent closing price of $0.17 per share of SYTA, the entire Renaissance Technologies’ position in Siyata Mobile Inc. stock is worth roughly $7,656.50.
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