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

Xos, Inc. (NASDAQ:XOSWWGet Free Report) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 17,715 shares, an increase of 729.4% from the June 15th total of 2,136 shares. Based on an average daily trading volume, of 108,610 shares, the days-to-cover ratio is currently 0.2 days.

XOS Stock Performance

NASDAQ XOSWW opened at $0.00 on Monday. XOS has a one year low of $0.00 and a one year high of $0.03.

XOS Company Profile

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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.

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