Short Interest in Nxu, Inc. (NASDAQ:NXU) Increases By 2,188.9%

Nxu, Inc. (NASDAQ:NXU) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 3,740,000 shares, a growth 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 days-to-cover ratio is presently 0.2 days.

NXU Stock Down 2.0 %

NXU stock traded down $0.01 during trading on Tuesday, reaching $0.25. 5,219,726 shares of the stock were exchanged, compared to its average volume of 4,622,098. The stock has a 50 day simple moving average of $0.45 and a 200-day simple moving average of $0.38. NXU has a twelve month low of $0.21 and a twelve 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.