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

Xylo Technologies Ltd. (NASDAQ:XYLO) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 6,100 shares, a growth of 41.9% from the October 15th total of 4,300 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily volume of 13,100 shares, the short-interest ratio is currently 0.5 days.

Xylo Technologies Price Performance

Shares of Xylo Technologies stock opened at $2.84 on Thursday. The firm has a 50 day simple moving average of $3.44 and a 200 day simple moving average of $4.17. Xylo Technologies has a fifty-two week low of $2.70 and a fifty-two week high of $10.43.

About Xylo Technologies

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.