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

Silynxcom Ltd. (NYSEAMERICAN:SYNX) 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) 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

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.