Xylo Technologies Ltd. (NASDAQ:XYLO) Short Interest Up 111.1% in March

Xylo Technologies Ltd. (NASDAQ:XYLO) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 7,600 shares, an increase of 111.1% from the March 15th total of 3,600 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average trading volume of 12,400 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On Xylo Technologies

An institutional investor recently bought a new position in Xylo Technologies stock. Lepercq Multi Asset Fund acquired a new stake in Xylo Technologies Ltd. (NASDAQ:XYLO) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 26,059 shares of the company’s stock, valued at approximately $94,000. Xylo Technologies accounts for approximately 0.1% of Lepercq Multi Asset Fund’s investment portfolio, making the stock its 9th largest holding. Lepercq Multi Asset Fund owned about 3.61% of Xylo Technologies at the end of the most recent quarter. Institutional investors own 0.26% of the company’s stock.

Xylo Technologies Trading Down 8.7 %

Shares of XYLO stock opened at $4.81 on Wednesday. Xylo Technologies has a twelve month low of $2.70 and a twelve month high of $8.83. The stock has a 50 day moving average of $4.80 and a 200 day moving average of $4.07.

About Xylo Technologies

Xylo Technologies Ltd, a technology-based company, provides medical-related devices and products in the United States, Europe, Asia, Israel, and internationally. The company operates through Corporate, E-commerce, Online Advertising & Internet Traffic Routing, Online Event Management, and Others segments.