Nxu, Inc. (NASDAQ:NXU) Short Interest Update

Nxu, Inc. (NASDAQ:NXU) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 163,400 shares, a drop of 22.7% from the November 30th total of 211,500 shares. Based on an average daily trading volume, of 6,870,000 shares, the days-to-cover ratio is presently 0.0 days.

NXU Trading Down 7.1 %

Shares of NASDAQ NXU traded down $0.02 during mid-day trading on Friday, reaching $0.24. 1,465,323 shares of the company’s stock were exchanged, compared to its average volume of 2,662,641. NXU has a twelve month low of $0.21 and a twelve month high of $3.13. The business has a fifty day simple moving average of $0.33 and a 200 day simple moving average of $0.33.

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.