Short Interest in Expion360 Inc. (NASDAQ:XPON) Decreases By 64.0%

Expion360 Inc. (NASDAQ:XPON) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 750,722 shares, a decrease of 64.0% from the January 29th total of 2,085,024 shares. Currently, 7.9% of the shares of the stock are short sold. Based on an average trading volume of 432,277 shares, the short-interest ratio is currently 1.7 days. Based on an average trading volume of 432,277 shares, the short-interest ratio is currently 1.7 days. Currently, 7.9% of the shares of the stock are short sold.

Expion360 Stock Performance

Shares of Expion360 stock opened at $0.66 on Friday. The firm’s fifty day simple moving average is $0.81 and its 200-day simple moving average is $1.16. Expion360 has a 12 month low of $0.60 and a 12 month high of $5.50. The company has a debt-to-equity ratio of 0.02, a current ratio of 9.18 and a quick ratio of 5.69. The stock has a market capitalization of $6.33 million, a price-to-earnings ratio of -0.96 and a beta of 0.26.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Expion360 in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Expion360 stock. Geode Capital Management LLC boosted its holdings in Expion360 Inc. (NASDAQ:XPON) by 207.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 68,639 shares of the company’s stock after acquiring an additional 46,339 shares during the quarter. Geode Capital Management LLC owned about 0.71% of Expion360 worth $47,000 as of its most recent filing with the SEC. 34.50% of the stock is owned by institutional investors and hedge funds.

Expion360 Company Profile

Expion360, trading under the ticker XPON on the NASDAQ, is a cybersecurity software company that operates through its Leviathan Security Group division. The company’s flagship offering, the Leviathan Platform, delivers a unified risk management solution designed to help organizations identify, assess and remediate cybersecurity vulnerabilities. By consolidating compliance management, threat detection and data protection into a single platform, Expion360 enables enterprises to streamline security workflows and maintain continuous visibility into their cyber risk posture.

The Leviathan Platform encompasses modules for vulnerability scanning, automated compliance mapping to frameworks such as NIST, HIPAA and PCI DSS, real-time threat intelligence and incident response orchestration.