Xos, Inc. (NASDAQ:XOSWW) Sees Significant Increase in Short Interest

Xos, Inc. (NASDAQ:XOSWW) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 2,780 shares, a growth of 52.6% from the December 31st total of 1,822 shares. Based on an average trading volume of 23,348 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 23,348 shares, the short-interest ratio is currently 0.1 days.

XOS Stock Performance

Shares of XOSWW opened at $0.01 on Friday. XOS has a twelve month low of $0.00 and a twelve month high of $0.04. The firm’s fifty day simple moving average is $0.01 and its 200-day simple moving average is $0.01.

About XOS

Xos, Inc (NASDAQ:XOSWW) is a provider of all-electric commercial vehicles and powertrain technology tailored to fleet operators. Established in 2018 and headquartered in Hayward, California, the company designs and manufactures medium- and heavy-duty battery-electric trucks alongside proprietary battery management and telematics systems. Since completing its initial public offering in November 2021, Xos has focused on delivering turnkey vehicle and charging solutions that address emissions regulations and operational efficiency for urban and regional fleets.

The company’s product portfolio features Class 5 through Class 8 battery-electric trucks under the Xos Haul and Xos Go brands, along with modular powertrain components that can be integrated into third-party chassis.