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

Nxu, Inc. (NASDAQ:NXU) saw 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 daily volume of 17,450,000 shares, the short-interest ratio is presently 0.2 days.

NXU Stock Performance

NXU stock traded down $0.06 during midday trading on Monday, reaching $0.69. The company had a trading volume of 1,618,627 shares, compared to its average volume of 7,013,870. The stock has a 50 day moving average price of $0.43 and a 200 day moving average price of $0.37. NXU has a fifty-two week low of $0.21 and a fifty-two week high of $2.25.

NXU Company Profile

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.