Short Interest in Expion360 Inc. (NASDAQ:XPON) Drops By 23.1%

Expion360 Inc. (NASDAQ:XPON) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 232,300 shares, a decline of 23.1% from the January 31st total of 301,900 shares. Based on an average daily volume of 667,500 shares, the short-interest ratio is presently 0.3 days. Approximately 11.3% of the company’s stock are short sold.

Expion360 Stock Up 2.0 %

XPON stock opened at $1.01 on Thursday. The company has a current ratio of 1.30, a quick ratio of 0.80 and a debt-to-equity ratio of 0.08. Expion360 has a 1 year low of $0.91 and a 1 year high of $389.00. The company has a fifty day simple moving average of $1.64 and a 200 day simple moving average of $3.33. The firm has a market cap of $2.12 million, a PE ratio of -0.01 and a beta of -0.11.

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.