Xylo Technologies Ltd. (NASDAQ:XYLO) Sees Significant Increase in Short Interest

Xylo Technologies Ltd. (NASDAQ:XYLO) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 9,700 shares, a growth of 59.0% from the October 31st total of 6,100 shares. Based on an average daily volume of 13,400 shares, the days-to-cover ratio is currently 0.7 days. Approximately 1.3% of the shares of the company are sold short.

Xylo Technologies Price Performance

NASDAQ:XYLO opened at $3.92 on Friday. Xylo Technologies has a 12-month low of $2.70 and a 12-month high of $10.43. The stock’s 50 day simple moving average is $3.29 and its 200-day simple moving average is $4.07.

Xylo Technologies Company Profile

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.