Short Interest in XpresSpa Group Inc (NASDAQ:XSPA) Rises By 137.5%

XpresSpa Group Inc (NASDAQ:XSPA) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 278,300 shares, a growth of 137.5% from the May 30th total of 117,200 shares. Based on an average daily volume of 390,700 shares, the short-interest ratio is currently 0.7 days. Approximately 18.6% of the company’s shares are sold short.

XpresSpa Group stock traded down $0.01 during mid-day trading on Thursday, hitting $1.57. The company’s stock had a trading volume of 180,300 shares, compared to its average volume of 230,933. The company has a quick ratio of 0.24, a current ratio of 0.29 and a debt-to-equity ratio of 0.87. The business has a 50 day moving average of $1.86. XpresSpa Group has a 12 month low of $1.45 and a 12 month high of $8.38.

XpresSpa Group (NASDAQ:XSPA) last issued its quarterly earnings data on Wednesday, May 15th. The company reported ($1.61) EPS for the quarter, missing the consensus estimate of ($0.10) by ($1.51). The firm had revenue of $12.23 million for the quarter. XpresSpa Group had a negative net margin of 32.47% and a negative return on equity of 107.39%.

Separately, ValuEngine downgraded shares of Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd.

XpresSpa Group Company Profile

XpresSpa Group, Inc operates as a health and wellness services company in the United States and internationally. It operates through two segments, Wellness and Intellectual Property. The Wellness segment offers airport retailer spa services; massage services for the neck, back, feet, and whole body; nail care, such as pedicures, manicures, and polish changes; travel products, including neck pillows, blankets, and massage tools; and cryotherapy, compression, and personal care services, as well as retail products.

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