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

Expion360 Inc. (NASDAQ:XPON) saw a significant growth in short interest during the month of 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. Approximately 14.9% of the company’s stock are short sold. Based on an average daily trading volume, of 1,710,000 shares, the short-interest ratio is presently 0.2 days.

Expion360 Stock Performance

XPON opened at $2.19 on Friday. The stock has a 50-day moving average of $2.78 and a 200-day moving average of $28.38. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.80 and a current ratio of 1.30. Expion360 has a 52-week low of $1.76 and a 52-week high of $568.00. The company has a market cap of $4.59 million, a PE ratio of -0.02 and a beta of 0.02.

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.