X-Energy, Inc. (NASDAQ:XE) Short Interest Up ? in April

X-Energy, Inc. (NASDAQ:XE) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 3,510,749 shares, a growth of ? from the April 15th total of 0 shares. Based on an average daily volume of 9,791,376 shares, the short-interest ratio is currently 0.4 days. Approximately 0.9% of the company’s shares are short sold.

X-Energy Stock Down 6.2%

NASDAQ:XE opened at $25.60 on Tuesday. X-Energy has a 52 week low of $25.06 and a 52 week high of $37.10.

Analyst Upgrades and Downgrades

XE has been the subject of a number of recent analyst reports. Jefferies Financial Group initiated coverage on shares of X-Energy in a report on Tuesday. They set a “hold” rating for the company. Morgan Stanley initiated coverage on shares of X-Energy in a report on Tuesday. They set an “overweight” rating for the company. UBS Group initiated coverage on shares of X-Energy in a report on Tuesday. They set a “buy” rating for the company. Guggenheim initiated coverage on shares of X-Energy in a report on Tuesday. They set a “buy” rating for the company. Finally, Wall Street Zen upgraded shares of X-Energy to a “hold” rating in a report on Saturday, May 2nd. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Insiders Place Their Bets

In other X-Energy news, CAO Laura Garcia acquired 1,200 shares of the business’s stock in a transaction dated Monday, April 27th. The stock was bought at an average price of $23.00 per share, with a total value of $27,600.00. Following the purchase, the chief accounting officer owned 196,822 shares of the company’s stock, valued at approximately $4,526,906. This trade represents a 0.61% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Kathleen W. Hyle acquired 10,000 shares of the business’s stock in a transaction dated Monday, April 27th. The stock was acquired at an average cost of $23.00 per share, with a total value of $230,000.00. Following the purchase, the director directly owned 127,640 shares in the company, valued at $2,935,720. This represents a 8.50% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 12,300 shares of company stock valued at $282,900 in the last ninety days.

X-Energy Company Profile

X-Energy (NASDAQ: XE) is a U.S.-based advanced nuclear technology company focused on the development and commercialization of small modular reactors (SMRs) and advanced nuclear fuel. Its flagship reactor design, the Xe-100, is a high-temperature gas-cooled reactor intended to provide low-carbon electricity and process heat for industrial applications. X-Energy’s technology centers on TRISO fuel, a robust, particle-based fuel form that the company promotes for enhanced safety and high-temperature operation.

The company’s activities include reactor design and engineering, fuel development and manufacturing, regulatory engagement, and project delivery support for utility and industrial customers.