Short Interest in XWELL, Inc. (NASDAQ:XWEL) Rises By 79.9%

XWELL, Inc. (NASDAQ:XWEL) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 124,300 shares, a growth of 79.9% from the August 15th total of 69,100 shares. Based on an average daily trading volume, of 39,900 shares, the days-to-cover ratio is presently 3.1 days. Currently, 2.9% of the shares of the stock are sold short.

XWELL Trading Down 0.6 %

Shares of XWELL stock opened at $1.61 on Friday. The stock has a market capitalization of $8.47 million, a price-to-earnings ratio of -0.27 and a beta of 2.47. XWELL has a 1-year low of $1.26 and a 1-year high of $3.80. The firm’s 50-day moving average price is $1.88 and its two-hundred day moving average price is $1.81.

XWELL (NASDAQ:XWEL) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.48) earnings per share for the quarter. The firm had revenue of $9.28 million for the quarter. XWELL had a negative return on equity of 67.56% and a negative net margin of 63.90%.

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.