Nxu, Inc. (NASDAQ:NXU) Sees Significant Growth in Short Interest

Nxu, Inc. (NASDAQ:NXU) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 3,740,000 shares, an increase of 2,188.9% from the December 31st total of 163,400 shares. Based on an average trading volume of 17,450,000 shares, the short-interest ratio is currently 0.2 days.

NXU Stock Performance

NXU stock traded down $0.01 during trading on Tuesday, hitting $0.25. The company had a trading volume of 5,219,726 shares, compared to its average volume of 4,622,098. The firm has a 50-day moving average price of $0.45 and a 200-day moving average price of $0.38. NXU has a 12 month low of $0.21 and a 12 month high of $2.25.

NXU Company Profile

Nxu, Inc, formerly known as Atlis Motor Vehicles, is a US-owned technology company manufacturing innovative battery cells and battery packs, for use in advanced energy storage systems and megawatt charging stations.