Expion360 Inc. (NASDAQ:XPON) Short Interest Up 136.1% in December

Expion360 Inc. (NASDAQ:XPON) was the target of a large 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. Based on an average daily trading volume, of 1,710,000 shares, the days-to-cover ratio is presently 0.2 days. Approximately 14.9% of the shares of the company are short sold.

Expion360 Stock Up 5.6 %

XPON opened at $2.25 on Friday. The stock’s fifty day moving average is $2.81 and its 200-day moving average is $29.45. The company has a market capitalization of $4.72 million, a PE ratio of -0.02 and a beta of 0.02. Expion360 has a one year low of $1.76 and a one year high of $568.00. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.80 and a current ratio of 1.30.

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.