XWELL, Inc. (NASDAQ:XWEL) Sees Significant Decline in Short Interest

XWELL, Inc. (NASDAQ:XWEL) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 99,200 shares, a drop of 20.2% from the August 31st total of 124,300 shares. Based on an average trading volume of 36,300 shares, the short-interest ratio is currently 2.7 days. Approximately 2.3% of the shares of the company are short sold.

XWELL Trading Up 8.5 %

Shares of XWEL stock opened at $1.79 on Friday. The firm has a market capitalization of $9.42 million, a P/E ratio of -0.30 and a beta of 2.47. XWELL has a 1 year low of $1.26 and a 1 year high of $2.70. The firm’s fifty day simple moving average is $1.88 and its 200 day simple moving average is $1.79.

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

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.