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

Silynxcom Ltd. (NYSEAMERICAN:SYNX) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 9,046 shares, a decrease of 65.4% from the July 30th total of 26,180 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 42,654 shares, the days-to-cover ratio is presently 0.2 days.

Silynxcom Stock Down 2.9%

Shares of SYNX traded down $0.03 during trading hours 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 12 month low of $0.73 and a 12 month high of $2.15. The company’s 50-day moving average is $1.05 and its two-hundred day moving average is $1.10.

Hedge Funds Weigh In On Silynxcom

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

About Silynxcom

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.