Expion360 Inc. (NASDAQ:XPON) Short Interest Down 28.2% in January

Expion360 Inc. (NASDAQ:XPON) saw a large decline in short interest in January. As of January 15th, there was short interest totalling 309,400 shares, a decline of 28.2% from the December 31st total of 430,900 shares. Approximately 15.2% of the company’s stock are sold short. Based on an average daily volume of 1,340,000 shares, the short-interest ratio is presently 0.2 days.

Expion360 Stock Performance

Shares of Expion360 stock opened at $1.51 on Friday. The stock has a market cap of $3.17 million, a price-to-earnings ratio of -0.01 and a beta of -0.04. The firm’s 50-day moving average is $2.00 and its 200 day moving average is $11.21. Expion360 has a 1 year low of $1.48 and a 1 year high of $473.00. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.30 and a quick ratio of 0.80.

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.