XWELL, Inc. (NASDAQ:XWEL) Short Interest Up 23.3% in March

XWELL, Inc. (NASDAQ:XWEL) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 68,300 shares, an increase of 23.3% from the March 15th total of 55,400 shares. Currently, 1.7% of the shares of the stock are sold short. Based on an average trading volume of 12,500 shares, the short-interest ratio is currently 5.5 days.

XWELL Trading Down 4.1 %

Shares of NASDAQ XWEL opened at $1.42 on Friday. XWELL has a 1-year low of $1.26 and a 1-year high of $7.00. The company has a market cap of $5.94 million, a PE ratio of -0.17 and a beta of 2.43. The company has a 50-day moving average of $1.81 and a two-hundred day moving average of $1.85.

Hedge Funds Weigh In On XWELL

A number of institutional investors have recently modified their holdings of XWEL. Bank of New York Mellon Corp acquired a new stake in shares of XWELL during the 1st quarter worth approximately $32,000. Geode Capital Management LLC acquired a new stake in shares of XWELL during the 1st quarter worth approximately $376,000. Finally, BlackRock Inc. acquired a new stake in shares of XWELL during the 1st quarter worth approximately $667,000. 8.67% of the stock is owned by institutional investors.

XWELL Company Profile

XWELL, Inc, a health and wellness services company, provides spa services at airports. It operates through XpresSpa, XpresTest, Treat, and HyperPointe segments. The company offers spa services, including massage, and nail and skin care, as well as spa and travel products; and retail products. It also provides diagnostic COVID-19 tests at XpresCheck wellness centers in airports; and other medical diagnostic testing services.