Xometry’s share price is in the upper portion of its 52-week range with strong 6-month price appreciation of about 96% and multiple bullish technical signals pointing to an ongoing upward trend. At the same time, the company operates with negative operating and net margins and modestly negative free cash flow, even as revenue grows at a mid-single-digit rate. Short interest is elevated at around 10% of shares outstanding with over eight days to cover, indicating a meaningful level of skepticism alongside generally positive recent news flow.