Expion360 Inc. (NASDAQ:XPON) Short Interest Update

Expion360 Inc. (NASDAQ:XPON) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totaling 272,296 shares, a decrease of 21.1% from the December 31st total of 345,175 shares. Approximately 2.9% of the shares of the company are short sold. Based on an average trading volume of 146,241 shares, the short-interest ratio is currently 1.9 days. Based on an average trading volume of 146,241 shares, the short-interest ratio is currently 1.9 days. Approximately 2.9% of the shares of the company are short sold.

Expion360 Stock Performance

NASDAQ:XPON opened at $0.79 on Monday. The firm has a market capitalization of $7.64 million, a PE ratio of -1.16 and a beta of 0.26. The company has a quick ratio of 5.69, a current ratio of 9.18 and a debt-to-equity ratio of 0.02. Expion360 has a 12-month low of $0.60 and a 12-month high of $5.50. The firm has a 50-day moving average price of $0.95 and a 200 day moving average price of $1.23.

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

Hedge Funds Weigh In On Expion360

A hedge fund recently bought a new stake in Expion360 stock. Apollon Wealth Management LLC acquired a new position in shares of Expion360 Inc. (NASDAQ:XPON) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 43,228 shares of the company’s stock, valued at approximately $62,000. Apollon Wealth Management LLC owned about 1.25% of Expion360 at the end of the most recent quarter. Institutional investors and hedge funds own 34.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated 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, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

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.