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

Xos, Inc. (NASDAQ:XOSWW) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 2,800 shares, a decrease of 83.3% from the March 31st total of 16,800 shares. Based on an average trading volume of 17,500 shares, the days-to-cover ratio is currently 0.2 days.

XOS Price Performance

XOS stock opened at $0.04 on Friday. XOS has a twelve month low of $0.02 and a twelve month high of $0.08. The company’s 50-day moving average price is $0.03 and its two-hundred day moving average price is $0.03.

XOS Company Profile

Xos, Inc designs, manufactures, and sells battery-electric commercial vehicles. It also offers a range of services to facilitate the transition of fleets to electric vehicles, including charging infrastructure, vehicle maintenance, financing, and service. The company was founded in 2020 and is headquartered in Los Angeles, California.