Silynxcom Ltd. (NYSEAMERICAN:SYNX) Stock Short Interest Rises 137.4%

Silynxcom Ltd. (NYSEAMERICAN:SYNX – Get Free Report) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 8,650 shares, an increase of 137.4% from the September 30th total of 3,643 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 12,947 shares, the short-interest ratio is presently 0.7 days.

Silynxcom Stock Performance

Shares of Silynxcom stock traded up $0.04 on Friday, hitting $0.86. The stock had a trading volume of 22,577 shares, compared to its average volume of 447,741. The stock has a 50 day moving average of $0.88 and a 200 day moving average of $1.04. Silynxcom has a twelve month low of $0.65 and a twelve month high of $1.95.

Silynxcom (NYSEAMERICAN:SYNX – Get Free Report) last posted 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

(Get Free Report)

Silynxcom Ltd. is an Israel-based communications technology company that develops and supplies tactical communication equipment for military, law enforcement, security and other professional users. Its products are designed to support reliable voice communication in demanding operating environments where users may need to coordinate while wearing helmets, protective gear or other equipment.

The company’s product portfolio includes tactical headsets, in-ear communication systems, push-to-talk devices, radio adapters, control units and related accessories.

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