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

Xylo Technologies Ltd. (NASDAQ:XYLO) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 9,700 shares, a growth of 59.0% from the October 31st total of 6,100 shares. Based on an average trading volume of 13,400 shares, the short-interest ratio is currently 0.7 days. Currently, 1.3% of the shares of the stock are sold short.

Xylo Technologies Trading Up 0.8 %

NASDAQ XYLO opened at $3.65 on Friday. The company’s 50 day simple moving average is $3.29 and its two-hundred day simple moving average is $4.08. Xylo Technologies has a 1 year low of $2.70 and a 1 year 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.