Xos, Inc. (NASDAQ:XOSWW) Sees Significant Increase in Short Interest

Xos, Inc. (NASDAQ:XOSWW) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 1,813 shares, an increase of 20.9% from the March 31st total of 1,500 shares. Based on an average daily volume of 11,998 shares, the days-to-cover ratio is presently 0.2 days.

XOS Trading Down 5.8%

XOS stock opened at $0.00 on Friday. XOS has a fifty-two week low of $0.00 and a fifty-two week high of $0.03.

About XOS

Xos, Inc (NASDAQ:XOSWW) is a provider of all-electric commercial vehicles and powertrain technology tailored to fleet operators. Established in 2018 and headquartered in Hayward, California, the company designs and manufactures medium- and heavy-duty battery-electric trucks alongside proprietary battery management and telematics systems. Since completing its initial public offering in November 2021, Xos has focused on delivering turnkey vehicle and charging solutions that address emissions regulations and operational efficiency for urban and regional fleets.

The company’s product portfolio features Class 5 through Class 8 battery-electric trucks under the Xos Haul and Xos Go brands, along with modular powertrain components that can be integrated into third-party chassis.