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

XWELL, Inc. (NASDAQ:XWEL) was the target of a large increase in short interest in the month of 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. Currently, 2.4% of the shares of the company are short sold. Based on an average trading volume of 46,100 shares, the short-interest ratio is currently 2.2 days.

XWELL Price Performance

Shares of XWELL stock opened at $0.75 on Thursday. XWELL has a 1 year low of $0.70 and a 1 year high of $2.70. The company has a market capitalization of $3.95 million, a price-to-earnings ratio of -0.21 and a beta of 2.11. The business has a fifty day simple moving average of $1.00 and a two-hundred day simple moving average of $1.35.

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

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.