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

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

Silynxcom Price Performance

Shares of Silynxcom stock traded up $0.04 during trading on Friday, hitting $1.05. 61,403 shares of the stock were exchanged, compared to its average volume of 57,519. The firm’s 50-day moving average price is $0.97 and its 200 day moving average price is $1.07. Silynxcom has a 12-month low of $0.73 and a 12-month high of $1.95.

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