Silynxcom Ltd. (NYSEAMERICAN:SYNX) Short Interest Update

Silynxcom Ltd. (NYSEAMERICAN:SYNX) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 51,671 shares, a decline of 63.9% from the May 31st total of 143,022 shares. Based on an average daily volume of 58,537 shares, the short-interest ratio is presently 0.9 days. Currently, 0.8% of the shares of the company are sold short.

Silynxcom Stock Performance

Shares of SYNX stock opened at $1.06 on Friday. The firm’s 50 day moving average is $1.19 and its 200 day moving average is $1.09. Silynxcom has a 12 month low of $0.73 and a 12 month high of $2.15.

Silynxcom (NYSEAMERICAN:SYNX) last released its quarterly earnings data on Friday, May 1st. The company reported ($0.11) earnings per share for the quarter. The company had revenue of $1.77 million for the quarter.

Institutional Trading of Silynxcom

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

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.