Expion360 Inc. (NASDAQ:XPON) Short Interest Update

Expion360 Inc. (NASDAQ:XPON) saw a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 2,085,024 shares, a growth of 665.7% from the January 15th total of 272,296 shares. Currently, 21.9% of the shares of the company are sold short. Based on an average daily trading volume, of 5,938,950 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 5,938,950 shares, the days-to-cover ratio is currently 0.4 days. Currently, 21.9% of the shares of the company are sold short.

Expion360 Stock Performance

Shares of XPON stock traded up $0.01 on Tuesday, hitting $0.83. 309,076 shares of the stock were exchanged, compared to its average volume of 3,209,723. The firm’s 50 day moving average is $0.90 and its two-hundred day moving average is $1.20. Expion360 has a one year low of $0.60 and a one year high of $5.50. The firm has a market capitalization of $8.02 million, a PE ratio of -1.22 and a beta of 0.26. The company has a current ratio of 9.18, a quick ratio of 5.69 and a debt-to-equity ratio of 0.02.

Expion360 (NASDAQ:XPON) last announced its quarterly earnings data on Thursday, November 13th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.54) by $0.64. The business had revenue of $2.39 million for the quarter, compared to analysts’ expectations of $2.68 million. Expion360 had a negative return on equity of 48.80% and a negative net margin of 21.76%. Sell-side analysts expect that Expion360 will post -21.69 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Expion360 stock. Geode Capital Management LLC raised its holdings in shares of Expion360 Inc. (NASDAQ:XPON) by 207.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm 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 Securities and Exchange Commission (SEC). 34.50% of the stock is owned by institutional investors.

About Expion360

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.