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

Xylo Technologies Ltd. (NASDAQ:XYLO) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 4,300 shares, a decrease of 17.3% from the December 31st total of 5,200 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily volume of 18,300 shares, the short-interest ratio is presently 0.2 days.

Xylo Technologies Stock Performance

NASDAQ XYLO opened at $4.53 on Friday. Xylo Technologies has a twelve month low of $2.70 and a twelve month high of $8.83. The stock has a fifty day simple moving average of $3.97 and a 200 day simple moving average of $3.76.

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.