Short Interest in XWELL, Inc. (NASDAQ:XWEL) Rises By 25.1%

XWELL, Inc. (NASDAQ:XWEL) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 79,800 shares, a growth of 25.1% from the May 31st total of 63,800 shares. Approximately 2.2% of the shares of the company are sold short. Based on an average daily volume of 14,500 shares, the days-to-cover ratio is currently 5.5 days.

XWELL Price Performance

XWEL stock opened at $1.76 on Tuesday. XWELL has a fifty-two week low of $1.26 and a fifty-two week high of $6.40. The stock has a market capitalization of $7.36 million, a price-to-earnings ratio of -0.30 and a beta of 2.42. The business’s fifty day moving average price is $1.79 and its two-hundred day moving average price is $1.74.

XWELL (NASDAQ:XWEL) last released its quarterly earnings results on Wednesday, May 15th. The company reported ($0.60) EPS for the quarter. XWELL had a negative return on equity of 69.08% and a negative net margin of 77.88%. The business had revenue of $8.73 million for the quarter.

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.