Short Interest in Expion360 Inc. (NASDAQ:XPON) Declines By 40.4%

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

Expion360 Price Performance

Shares of Expion360 stock opened at $2.33 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 business has a 50 day simple moving average of $4.07 and a two-hundred day simple moving average of $54.00. The stock has a market capitalization of $4.89 million, a P/E ratio of -0.02 and a beta of 0.27. Expion360 has a 12 month low of $2.09 and a 12 month high of $639.00.

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.