Xylo Technologies Ltd. (NASDAQ:XYLO) Sees Significant Growth in Short Interest

Xylo Technologies Ltd. (NASDAQ:XYLO) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 6,100 shares, an increase of 41.9% from the October 15th total of 4,300 shares. Based on an average trading volume of 13,100 shares, the short-interest ratio is presently 0.5 days. Approximately 0.9% of the shares of the company are sold short.

Xylo Technologies Stock Performance

XYLO opened at $2.82 on Friday. The stock’s 50 day simple moving average is $3.44 and its 200 day simple moving average is $4.17. Xylo Technologies has a 1-year low of $2.70 and a 1-year high of $10.43.

Xylo Technologies Company Profile

Xylo Technologies Ltd, a technology-based company, provides medical-related devices and products in the United States, Europe, Asia, Israel, and internationally. The company operates through Corporate, E-commerce, Online Advertising & Internet Traffic Routing, Online Event Management, and Others segments.