Silynxcom Ltd. (NYSEAMERICAN:SYNX) Short Interest Down 53.4% in July

by · The Markets Daily

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

Silynxcom Stock Up 0.9%

Shares of NYSEAMERICAN:SYNX traded up $0.01 during trading on Friday, hitting $1.07. 21,489 shares of the company traded hands, compared to its average volume of 34,830. The business’s fifty day moving average is $1.07 and its 200-day moving average is $1.10. Silynxcom has a one year low of $0.73 and a one year high of $2.15.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Silynxcom stock. Thompson Davis & CO. Inc. bought a new stake in Silynxcom Ltd. (NYSEAMERICAN:SYNX – Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 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 Securities & Exchange Commission.

Silynxcom Company Profile

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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.

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