Tower One Wireless Corp. (OTCMKTS:TOWTF – Get Rating) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totalling 39,000 shares, an increase of 1,595.7% from the November 30th total of 2,300 shares. Based on an average daily volume of 25,300 shares, the days-to-cover ratio is currently 1.5 days.

Tower One Wireless Stock Down 8.3 %

Shares of OTCMKTS:TOWTF traded down $0.00 during trading on Thursday, hitting $0.05. 27,150 shares of the stock traded hands, compared to its average volume of 58,436. The company has a market cap of $5.68 million, a price-to-earnings ratio of -1.04 and a beta of 0.13. The company has a fifty day moving average price of $0.05 and a two-hundred day moving average price of $0.06. Tower One Wireless has a 52-week low of $0.04 and a 52-week high of $0.08.

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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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