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

Xylo Technologies Ltd. (NASDAQ:XYLO) saw a large growth in short interest during the month of 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 sold short. Based on an average trading volume of 13,100 shares, the short-interest ratio is presently 0.5 days.

Xylo Technologies Price Performance

Shares of NASDAQ:XYLO opened at $2.82 on Friday. Xylo Technologies has a 12-month low of $2.70 and a 12-month high of $10.43. The company’s fifty day moving average is $3.44 and its two-hundred day moving average is $4.17.

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.