Short Interest in Silynxcom Ltd. (NYSEAMERICAN:SYNX) Declines By 41.8%

Silynxcom Ltd. (NYSEAMERICAN:SYNX) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 3,200 shares, a decline of 41.8% from the February 28th total of 5,500 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 27,900 shares, the days-to-cover ratio is currently 0.1 days.

Silynxcom Price Performance

Shares of NYSEAMERICAN:SYNX opened at $3.77 on Friday. The firm’s fifty day moving average is $4.00. Silynxcom has a one year low of $2.10 and a one year high of $6.49.

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.