XWELL, Inc. (NASDAQ:XWEL) Short Interest Update

XWELL, Inc. (NASDAQ:XWEL) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 438,683 shares, an increase of 93.4% from the January 29th total of 226,787 shares. Based on an average trading volume of 1,017,729 shares, the days-to-cover ratio is presently 0.4 days. Currently, 8.8% of the company’s stock are sold short. Currently, 8.8% of the company’s stock are sold short. Based on an average trading volume of 1,017,729 shares, the days-to-cover ratio is presently 0.4 days.

XWELL Stock Up 9.6%

Shares of XWELL stock opened at $1.49 on Friday. The business has a 50-day moving average price of $0.48 and a 200 day moving average price of $0.79. XWELL has a fifty-two week low of $0.26 and a fifty-two week high of $2.20. The firm has a market cap of $8.60 million, a P/E ratio of -0.44 and a beta of 1.51.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of XWELL in a research note on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

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. The XpresTest segment offers diagnostic COVID-19 tests at XpresCheck Wellness Centers in airports, to airport employees and to the traveling public but has transitioned to the CDC's bio-surveillance program; and provides marketing support through HyperPointe business to various health and health-related channels.