Short Interest in Xos, Inc. (NASDAQ:XOSWW) Drops By 94.1%

Xos, Inc. (NASDAQ:XOSWW) was the target of a large drop in short interest in June. As of June 15th, there was short interest totalling 400 shares, a drop of 94.1% from the May 31st total of 6,800 shares. Based on an average trading volume of 24,100 shares, the days-to-cover ratio is presently 0.0 days.

XOS Stock Performance

NASDAQ XOSWW opened at $0.02 on Friday. The stock’s 50-day moving average price is $0.03 and its two-hundred day moving average price is $0.03. XOS has a 1 year low of $0.02 and a 1 year high of $0.08.

About XOS

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.