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

Silynxcom Ltd. (NYSEAMERICAN:SYNX) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 8,650 shares, a growth of 137.4% from the September 30th total of 3,643 shares. Based on an average daily trading volume, of 12,947 shares, the short-interest ratio is currently 0.7 days. Currently, 0.1% of the shares of the stock are short sold.

Silynxcom Stock Performance

NYSEAMERICAN:SYNX traded up $0.04 during trading hours on Friday, hitting $0.86. The company’s stock had a trading volume of 22,577 shares, compared to its average volume of 447,741. The stock has a fifty day simple moving average of $0.88 and a 200-day simple 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) last issued its earnings results on Monday, September 14th. The company reported ($0.06) EPS for the quarter. The business had revenue of $3.10 million during the quarter.

Silynxcom Company Profile

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.