Short Interest in Exyn Technologies, Inc. (NASDAQ:EXYN) Grows By 239.6%

Exyn Technologies, Inc. (NASDAQ:EXYN) saw a large 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 volume of 407,604 shares, the short-interest ratio is presently 0.6 days.

Analysts Set New Price Targets

Several research firms recently commented on EXYN. Wall Street Zen lowered shares of Exyn Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, August 22nd. Weiss Ratings initiated coverage on Exyn Technologies in a report on Monday. They issued a “sell (e-)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Exyn Technologies Stock Up 24.2%

EXYN stock opened at $4.00 on Thursday. The stock’s 50 day moving average is $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 released its quarterly earnings data on Thursday, August 20th. The company reported ($1.55) earnings per share for the quarter. The business had revenue of $0.95 million for the quarter.

Institutional Trading of Exyn Technologies

A hedge fund recently bought a new stake in Exyn Technologies stock. Alyeska Investment Group L.P. purchased a new position in shares of Exyn Technologies, Inc. (NASDAQ:EXYN) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 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.