Silynxcom Ltd. (NYSEAMERICAN:SYNX) Short Interest Down 65.4% in August

Silynxcom Ltd. (NYSEAMERICAN:SYNX) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 9,046 shares, a decline of 65.4% from the July 30th total of 26,180 shares. Based on an average trading volume of 42,654 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Silynxcom Stock Performance

NYSEAMERICAN SYNX traded down $0.03 on Friday, reaching $0.98. The stock had a trading volume of 10,258 shares, compared to its average volume of 556,960. Silynxcom has a 1-year low of $0.73 and a 1-year high of $2.15. The firm has a fifty day moving average of $1.05 and a two-hundred day moving average of $1.10.

Institutional Investors Weigh In On Silynxcom

An institutional investor recently bought a new position in Silynxcom stock. Thompson Davis & CO. Inc. acquired a new stake in shares of Silynxcom Ltd. (NYSEAMERICAN:SYNX) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 29,999 shares of the company’s stock, valued at approximately $52,000. Thompson Davis & CO. Inc. owned approximately 0.95% of Silynxcom at the end of the most recent reporting period.

Silynxcom Company Profile

Silynxcom Ltd. is involved in developing, manufacturing, marketing and selling ruggedized tactical communication headset devices as well as other communication accessories. Silynxcom Ltd. is based in Netanya, Israel.