Silynxcom Ltd. (NYSEAMERICAN:SYNX) Short Interest Update

Silynxcom Ltd. (NYSEAMERICAN:SYNX) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 26,991 shares, a drop of 63.5% from the December 15th total of 73,873 shares. Based on an average trading volume of 159,820 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 159,820 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Silynxcom

A number of institutional investors and hedge funds have recently modified their holdings of SYNX. Warberg Asset Management LLC acquired a new position in shares of Silynxcom in the second quarter valued at approximately $44,000. Thompson Davis & CO. Inc. acquired a new position in Silynxcom in the 2nd quarter worth $52,000. Finally, AWM Investment Company Inc. boosted its stake in Silynxcom by 56.0% in the 2nd quarter. AWM Investment Company Inc. now owns 1,043,593 shares of the company’s stock worth $1,795,000 after purchasing an additional 374,561 shares during the period.

Silynxcom Price Performance

Shares of NYSEAMERICAN:SYNX opened at $1.12 on Tuesday. Silynxcom has a 1-year low of $0.73 and a 1-year high of $4.69. The business has a 50-day moving average price of $1.14 and a two-hundred day moving average price of $1.48.

Silynxcom (NYSEAMERICAN:SYNX) last issued its earnings results on Friday, September 26th. The company reported ($0.14) earnings per share (EPS) for the quarter. The firm had revenue of $1.13 million for the quarter.

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.