Silynxcom Ltd. (NYSEAMERICAN:SYNX) Sees Significant Decrease in Short Interest

Silynxcom Ltd. (NYSEAMERICAN:SYNX) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 3,200 shares, a decrease of 41.8% from the February 28th total of 5,500 shares. Based on an average daily volume of 27,900 shares, the short-interest ratio is presently 0.1 days. Currently, 0.3% of the company’s stock are sold short.

Silynxcom Price Performance

Shares of SYNX traded down $0.08 during trading hours on Friday, hitting $3.77. The stock had a trading volume of 10,365 shares, compared to its average volume of 26,971. Silynxcom has a 1-year low of $2.10 and a 1-year high of $6.49. The business’s 50 day moving average is $4.00.

Silynxcom Company Profile

Silynxcom Ltd. develops, manufactures, markets, and sells ruggedized tactical communication headset devices and other communications accessories in Israel, Europe, Asia, the United States, and internationally. It offers push-to-talk devices, communication controllers, and communication device cables and connectors; accessories and replacement parts; control boxes; in ear headsets and accessories, and headset systems; radio cables; Silynx apparel and gear products; and specialty products, as well as professional and maintenance support services.