Short Interest in XWELL, Inc. (NASDAQ:XWEL) Rises By 54.8%

XWELL, Inc. (NASDAQ:XWEL) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 100,600 shares, an increase of 54.8% from the March 15th total of 65,000 shares. Approximately 2.4% of the company’s shares are sold short. Based on an average daily volume of 46,100 shares, the short-interest ratio is presently 2.2 days.

XWELL Stock Performance

XWEL stock opened at $0.79 on Friday. The stock has a market cap of $4.13 million, a P/E ratio of -0.22 and a beta of 2.11. The firm has a 50 day simple moving average of $0.99 and a 200 day simple moving average of $1.34. XWELL has a 52 week low of $0.70 and a 52 week high of $2.70.

XWELL (NASDAQ:XWEL) last released its quarterly earnings results on Tuesday, April 15th. The company reported ($1.55) earnings per share for the quarter. The business had revenue of $7.47 million for the quarter. XWELL had a negative net margin of 46.82% and a negative return on equity of 88.27%.

XWELL Company Profile

XWELL, Inc provides health and wellness services in airport and off airport marketplaces in the United States and internationally. It operates in four segments: XpresSpa, XpresTest, Naples Wax Center, and Treat. The XpresSpa segment traveler's spa services, including massage, nail, and skin care services, as well as spa and travel products.