XWELL, Inc. (NASDAQ:XWEL) Sees Significant Growth in Short Interest

XWELL, Inc. (NASDAQ:XWEL) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 69,900 shares, agrowthof1,897.1% from the June 30th total of 3,500 shares. Approximately1.9% of the company’s stock are sold short. Based on an average daily volume of 63,600 shares, the short-interest ratio is currently 1.1 days. Based on an average daily volume of 63,600 shares, the short-interest ratio is currently 1.1 days. Approximately1.9% of the company’s stock are sold short.

XWELL Stock Up 0.5%

Shares of XWELL stock opened at $1.03 on Friday. The firm has a market capitalization of $5.90 million, a P/E ratio of -0.25 and a beta of 0.90. XWELL has a 52 week low of $0.70 and a 52 week high of $2.41. The firm’s 50 day moving average is $0.99 and its two-hundred day moving average is $1.00.

XWELL (NASDAQ:XWEL) last announced its quarterly earnings results on Tuesday, May 20th. The company reported ($1.00) EPS for the quarter. The company had revenue of $7.02 million during the quarter. XWELL had a negative net margin of 59.20% and a negative return on equity of 178.73%.

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.