Short Interest in XWELL, Inc. (NASDAQ:XWEL) Rises By 63.1%

XWELL, Inc. (NASDAQ:XWEL) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 130,000 shares, an increase of 63.1% from the December 15th total of 79,700 shares. Based on an average trading volume of 88,000 shares, the short-interest ratio is currently 1.5 days. Approximately 3.1% of the company’s shares are short sold.

XWELL Stock Performance

Shares of XWEL stock opened at $1.37 on Wednesday. The firm has a market cap of $7.20 million, a P/E ratio of -0.38 and a beta of 2.40. The firm’s 50 day moving average price is $1.52 and its 200-day moving average price is $1.72. XWELL has a one year low of $1.26 and a one year high of $2.70.

About XWELL

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.