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

Nxu, Inc. (NASDAQ:NXU) was the recipient of a large growth in short interest during 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 daily volume of 17,450,000 shares, the days-to-cover ratio is currently 0.2 days.

NXU Stock Performance

NXU stock traded down $0.01 during trading hours on Wednesday, reaching $0.24. The stock had a trading volume of 2,959,322 shares, compared to its average volume of 4,531,464. 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 fifty-two week low of $0.21 and a fifty-two week high of $2.25.

About NXU

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.