Short Interest in Nxu, Inc. (NASDAQ:NXU) Grows By 2,188.9%

Nxu, Inc. (NASDAQ:NXUGet Free Report) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 3,740,000 shares, a growth of 2,188.9% from the December 15th total of 163,400 shares. Based on an average trading volume of 17,450,000 shares, the days-to-cover ratio is presently 0.2 days.

NXU Stock Down 8.1 %

Shares of NASDAQ NXU traded down $0.05 during trading hours on Wednesday, hitting $0.56. The company’s stock had a trading volume of 1,423,686 shares, compared to its average volume of 5,714,332. NXU has a 12 month low of $0.21 and a 12 month high of $2.25. The business has a 50-day simple moving average of $0.43 and a 200-day simple moving average of $0.37.

About NXU

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Nxu, Inc, formerly known as Atlis Motor Vehicles, is a US-owned technology company manufacturing innovative battery cells and battery packs, for use in advanced energy storage systems and megawatt charging stations.

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