Exyn Technologies, Inc. (NASDAQ:EXYN) Short Interest Update

Exyn Technologies, Inc. (NASDAQ:EXYN) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 238,865 shares, a growth of 239.6% from the July 30th total of 70,344 shares. Based on an average trading volume of 407,604 shares, the days-to-cover ratio is currently 0.6 days.

Analysts Set New Price Targets

Several brokerages have issued reports on EXYN. Weiss Ratings began coverage on shares of Exyn Technologies in a report on Monday. They set a “sell (e-)” rating on the stock. Wall Street Zen lowered shares of Exyn Technologies from a “hold” rating to a “sell” rating in a report on Saturday, August 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Hedge Funds Weigh In On Exyn Technologies

An institutional investor recently bought a new stake in Exyn Technologies stock. Alyeska Investment Group L.P. bought a new position in shares of Exyn Technologies, Inc. (NASDAQ:EXYN) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 387,000 shares of the company’s stock, valued at approximately $2,012,000.

Exyn Technologies Stock Up 4.7%

EXYN stock opened at $3.53 on Friday. The firm’s 50-day moving average price is $3.80. Exyn Technologies has a one year low of $1.50 and a one year high of $7.20.

Exyn Technologies (NASDAQ:EXYN) last issued its quarterly earnings data on Thursday, August 20th. The company reported ($1.55) earnings per share (EPS) for the quarter. The firm had revenue of $0.95 million for the quarter.

Exyn Technologies, Inc is a technology company in the Electronic Equipment & Instruments industry.