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

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

Expion360 Trading Up 5.6 %

Shares of XPON opened at $1.90 on Friday. The company has a current ratio of 1.30, a quick ratio of 0.80 and a debt-to-equity ratio of 0.08. Expion360 has a one year low of $1.76 and a one year high of $568.00. The company’s fifty day moving average price is $2.95 and its 200 day moving average price is $39.41.

Expion360 Company Profile

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.