Expion360 Inc. (NASDAQ:XPON) Short Interest Up 136.1% in December

Expion360 Inc. (NASDAQ:XPON) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 302,700 shares, a growth of 136.1% from the November 30th total of 128,200 shares. Approximately 14.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,710,000 shares, the short-interest ratio is presently 0.2 days.

Expion360 Price Performance

NASDAQ:XPON opened at $2.19 on Friday. The business’s 50-day simple moving average is $2.79 and its two-hundred day simple moving average is $29.26. Expion360 has a 52 week low of $1.76 and a 52 week high of $568.00. The stock has a market cap of $4.59 million, a PE ratio of -0.02 and a beta of 0.02. The company has a quick ratio of 0.80, a current ratio of 1.30 and a debt-to-equity ratio of 0.08.

Expion360 Company Profile

Expion360 Inc designs, assembles, manufactures, and sells lithium iron phosphate batteries and supporting accessories under the VPR 4EVER name for recreational vehicles, marine, golf, industrial, residential, and off-the-grid applications. It provides battery monitors; direct current battery chargers; various models of industrial tie-downs; power generators AURA POWERCAP; terminal blocks; and bus bars.