Xos, Inc. (NASDAQ:XOSWW) Sees Large Decrease in Short Interest

Xos, Inc. (NASDAQ:XOSWWGet Free Report) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 5,601 shares, a decrease of 57.3% from the July 15th total of 13,129 shares. Based on an average daily trading volume, of 35,689 shares, the days-to-cover ratio is currently 0.2 days.

XOS Stock Down 25.0%

XOSWW opened at $0.00 on Friday. XOS has a 52-week low of $0.00 and a 52-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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