Expion360 Inc. (NASDAQ:XPON) Short Interest Down 46.9% in November

Expion360 Inc. (NASDAQ:XPON) was the target of a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 128,200 shares, a decline of 46.9% from the November 15th total of 241,400 shares. Approximately 6.9% of the shares of the company are short sold. Based on an average daily trading volume, of 1,980,000 shares, the short-interest ratio is currently 0.1 days.

Expion360 Stock Performance

Shares of NASDAQ XPON opened at $1.95 on Thursday. The company has a current ratio of 1.30, a quick ratio of 0.80 and a debt-to-equity ratio of 0.08. The stock has a 50 day simple moving average of $3.07 and a 200-day simple moving average of $40.88. The company has a market cap of $4.09 million, a PE ratio of -0.02 and a beta of 0.02. Expion360 has a 12-month low of $1.83 and a 12-month high of $568.00.

About Expion360

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.