Silynxcom Ltd. (NYSEAMERICAN:SYNX) Shares Shorted: Short Interest Down 65.3% in September

Silynxcom Ltd. (NYSEAMERICAN:SYNX) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 3,905 shares, a drop of 65.3% from the August 31st total of 11,252 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 79,997 shares, the short-interest ratio is presently 0.0 days.

Silynxcom Trading Up 4.0%

SYNX traded up $0.04 on Friday, hitting $1.05. 61,403 shares of the company were exchanged, compared to its average volume of 57,519. Silynxcom has a twelve month low of $0.73 and a twelve month high of $1.95. The firm has a 50-day moving average price of $0.97 and a two-hundred day moving average price of $1.07.

Silynxcom (NYSEAMERICAN:SYNX) last issued its quarterly earnings results on Monday, September 14th. The company reported ($0.06) earnings per share for the quarter. The business had revenue of $3.10 million during the quarter.

Silynxcom Company Profile

Silynxcom Ltd. develops, manufactures and sells tactical communication equipment for military, law enforcement, homeland security and other professional users. The company focuses on lightweight, ruggedized communication systems designed to help personnel communicate in demanding and noisy environments while maintaining situational awareness.

Its product portfolio includes in-ear and headset-based communication systems, push-to-talk devices, control units, tactical radio adapters, microphones and related accessories.