Expion360 Inc. (NASDAQ:XPON) Sees Large Growth in Short Interest

Expion360 Inc. (NASDAQ:XPON) saw a significant growth in short interest during the month of 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 company are short sold. Based on an average daily trading volume, of 1,710,000 shares, the days-to-cover ratio is presently 0.2 days.

Expion360 Stock Down 2.7 %

Expion360 stock opened at $2.19 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.80 and a current ratio of 1.30. Expion360 has a one year low of $1.76 and a one year high of $568.00. The company has a 50-day simple moving average of $2.78 and a 200-day simple moving average of $28.38. The firm has a market capitalization of $4.59 million, a P/E ratio of -0.02 and a beta of 0.02.

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.