Exyn Technologies, Inc. (NASDAQ:EXYN) Short Interest Up 239.6% in August

Exyn Technologies, Inc. (NASDAQ:EXYN) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 238,865 shares, a growth of 239.6% from the July 30th total of 70,344 shares. Based on an average daily trading volume, of 407,604 shares, the short-interest ratio is presently 0.6 days.

Exyn Technologies Trading Up 24.2%

NASDAQ EXYN opened at $4.00 on Thursday. The stock has a fifty day moving average of $3.93. Exyn Technologies has a 52-week low of $1.50 and a 52-week high of $7.20.

Exyn Technologies (NASDAQ:EXYN) last posted its quarterly earnings data on Thursday, August 20th. The company reported ($1.55) earnings per share (EPS) for the quarter. The firm had revenue of $0.95 million for the quarter.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on EXYN shares. Weiss Ratings assumed coverage on shares of Exyn Technologies in a research note on Monday. They issued a “sell (e-)” rating on the stock. Wall Street Zen lowered shares of Exyn Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, August 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Hedge Funds Weigh In On Exyn Technologies

A hedge fund recently bought a new stake in Exyn Technologies stock. Alyeska Investment Group L.P. bought a new stake in shares of Exyn Technologies, Inc. (NASDAQ:EXYN) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 387,000 shares of the company’s stock, valued at approximately $2,012,000.

Exyn Technologies, Inc is a technology company in the Electronic Equipment & Instruments industry.