Short Interest in XWELL, Inc. (NASDAQ:XWEL) Drops By 21.8%

XWELL, Inc. (NASDAQ:XWEL) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 77,900 shares, a decrease of 21.8% from the February 13th total of 99,600 shares. Approximately 1.8% of the company’s shares are sold short. Based on an average trading volume of 94,200 shares, the days-to-cover ratio is presently 0.8 days.

XWELL Stock Performance

Shares of XWEL stock opened at $0.91 on Tuesday. The firm’s 50 day moving average price is $1.18 and its 200-day moving average price is $1.48. XWELL has a one year low of $0.74 and a one year high of $2.70. The firm has a market cap of $4.77 million, a P/E ratio of -0.25 and a beta of 2.55.

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.