Short Interest in Xos, Inc. (NASDAQ:XOSWW) Drops By 43.3%

Xos, Inc. (NASDAQ:XOSWW) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 3,527 shares, a drop of 43.3% from the February 26th total of 6,215 shares. Based on an average daily trading volume, of 9,248 shares, the days-to-cover ratio is currently 0.4 days.

XOS Trading Up 6.8%

NASDAQ XOSWW opened at $0.00 on Friday. XOS has a 1 year low of $0.00 and a 1 year 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.