Nxu, Inc. (NASDAQ:NXU – Get Free Report) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 451,900 shares, an increase of 59.2% from the February 28th total of 283,800 shares. Currently, 3.0% of the company’s shares are short sold. Based on an average daily volume of 19,490,000 shares, the short-interest ratio is presently 0.0 days.
NXU Stock Down 10.0 %
NXU traded down $0.02 during trading on Friday, reaching $0.15. 3,024,651 shares of the stock traded hands, compared to its average volume of 10,719,895. The stock’s 50-day moving average is $0.31 and its 200 day moving average is $0.36. NXU has a 12 month low of $0.15 and a 12 month high of $2.25. The stock has a market capitalization of $6.73 million, a PE ratio of -0.08 and a beta of -2.55.
NXU (NASDAQ:NXU – Get Free Report) last issued its earnings results on Monday, March 17th. The company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.07. The company had revenue of $33.47 million during the quarter. NXU had a negative return on equity of 219.40% and a negative net margin of 5,280.30%.
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.
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