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

Xos, Inc. (NASDAQ:XOSWW) was the target of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 3,510 shares, an increase of 26.3% from the January 15th total of 2,780 shares. Based on an average trading volume of 31,817 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 31,817 shares, the days-to-cover ratio is presently 0.1 days.

XOS Trading Up 15.8%

NASDAQ XOSWW opened at $0.00 on Wednesday. XOS has a 12-month low of $0.00 and a 12-month high of $0.04.

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.