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

XWELL, Inc. (NASDAQ:XWEL) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 65,000 shares, a decline of 16.6% from the February 28th total of 77,900 shares. Based on an average daily trading volume, of 41,400 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.5% of the shares of the stock are sold short.

XWELL Stock Performance

XWEL opened at $1.02 on Tuesday. The stock has a market capitalization of $5.37 million, a price-to-earnings ratio of -0.28 and a beta of 2.55. The company has a fifty day moving average of $1.11 and a 200 day moving average of $1.43. XWELL has a fifty-two week low of $0.74 and a fifty-two week high of $2.70.

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.