Xylo Technologies Ltd. (NASDAQ:XYLO) Short Interest Update

Xylo Technologies Ltd. (NASDAQ:XYLO) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 3,600 shares, a drop of 32.1% from the February 28th total of 5,300 shares. Based on an average daily volume of 13,800 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.5% of the company’s stock are short sold.

Institutional Trading of Xylo Technologies

An institutional investor recently bought a new position in Xylo Technologies stock. Lepercq Multi Asset Fund acquired a new position in shares of Xylo Technologies Ltd. (NASDAQ:XYLO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 26,059 shares of the company’s stock, valued at approximately $94,000. Xylo Technologies makes up about 0.1% of Lepercq Multi Asset Fund’s portfolio, making the stock its 9th largest position. Lepercq Multi Asset Fund owned approximately 3.61% of Xylo Technologies at the end of the most recent reporting period. 0.26% of the stock is currently owned by hedge funds and other institutional investors.

Xylo Technologies Stock Down 0.7 %

Shares of XYLO stock opened at $4.92 on Tuesday. The business’s fifty day moving average is $4.68 and its 200 day moving average is $3.96. Xylo Technologies has a twelve month low of $2.70 and a twelve month high of $8.83.

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.