Short Interest in Silynxcom Ltd. (NYSEAMERICAN:SYNX) Declines By 53.4%

Silynxcom Ltd. (NYSEAMERICAN:SYNX) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 26,180 shares, a drop of 53.4% from the July 15th total of 56,179 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 25,776 shares, the short-interest ratio is presently 1.0 days.

Silynxcom Stock Performance

Shares of SYNX stock remained flat at $1.07 on Monday. The stock had a trading volume of 12,896 shares, compared to its average volume of 587,911. Silynxcom has a twelve month low of $0.73 and a twelve month high of $2.15. The company has a 50-day moving average of $1.07 and a 200 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. purchased a new stake in shares of Silynxcom Ltd. (NYSEAMERICAN:SYNX) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 29,999 shares of the company’s stock, valued at approximately $52,000. Thompson Davis & CO. Inc. owned approximately 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.