Expion360 Inc. (NASDAQ:XPON) Short Interest Down 40.4% in November

Expion360 Inc. (NASDAQ:XPON) was the recipient of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 241,400 shares, a decline of 40.4% from the October 31st total of 405,300 shares. Approximately 49.1% of the company’s shares are sold short. Based on an average daily trading volume, of 2,000,000 shares, the short-interest ratio is presently 0.1 days.

Expion360 Stock Down 0.9 %

XPON stock opened at $2.31 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.30 and a quick ratio of 0.80. The firm has a market capitalization of $4.84 million, a P/E ratio of -0.02 and a beta of 0.27. Expion360 has a 52-week low of $2.09 and a 52-week high of $639.00. The company’s 50 day simple moving average is $3.87 and its 200-day simple moving average is $52.20.

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.