Short Interest in Expion360 Inc. (NASDAQ:XPON) Rises By 136.1%

Expion360 Inc. (NASDAQ:XPON) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 302,700 shares, a growth of 136.1% from the November 30th total of 128,200 shares. Currently, 14.9% of the shares of the company are short sold. Based on an average daily volume of 1,710,000 shares, the short-interest ratio is presently 0.2 days.

Expion360 Stock Performance

Shares of XPON opened at $2.19 on Friday. Expion360 has a 52 week low of $1.76 and a 52 week high of $568.00. The company has a quick ratio of 0.80, a current ratio of 1.30 and a debt-to-equity ratio of 0.08. The stock has a market cap of $4.59 million, a price-to-earnings ratio of -0.02 and a beta of 0.02. The business has a 50-day simple moving average of $2.79 and a two-hundred day simple moving average of $29.26.

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.