Short Interest in Xylo Technologies Ltd. (NASDAQ:XYLO) Declines By 32.1%

Xylo Technologies Ltd. (NASDAQ:XYLO) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 3,600 shares, a decrease of 32.1% from the February 28th total of 5,300 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 13,800 shares, the short-interest ratio is currently 0.3 days.

Xylo Technologies Trading Down 0.7 %

NASDAQ:XYLO opened at $4.92 on Tuesday. The company’s 50 day moving average price is $4.68 and its 200-day moving average price is $3.96. Xylo Technologies has a 52 week low of $2.70 and a 52 week high of $8.83.

Institutional Trading of Xylo Technologies

A hedge fund recently bought a new stake in Xylo Technologies stock. Lepercq Multi Asset Fund purchased a new stake in shares of Xylo Technologies Ltd. (NASDAQ:XYLO) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 26,059 shares of the company’s stock, valued at approximately $94,000. Xylo Technologies makes up approximately 0.1% of Lepercq Multi Asset Fund’s investment portfolio, making the stock its 9th biggest position. Lepercq Multi Asset Fund owned 3.61% of Xylo Technologies as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 0.26% of the company’s stock.

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.