Xos, Inc. (NASDAQ:XOSWW) Short Interest Up 192.7% in August

Xos, Inc. (NASDAQ:XOSWWGet Free Report) was the target of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 16,392 shares, an increase of 192.7% from the July 30th total of 5,601 shares. Based on an average daily volume of 180,892 shares, the days-to-cover ratio is presently 0.1 days.

XOS Price Performance

XOSWW remained flat at $0.00 during trading on Thursday. XOS has a fifty-two week low of $0.00 and a fifty-two week high of $0.02.

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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