Nxu, Inc. (NASDAQ:NXU) Short Interest Down 76.9% in November

Nxu, Inc. (NASDAQ:NXU) was the target of a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 409,300 shares, a decrease of 76.9% from the October 31st total of 1,770,000 shares. Based on an average daily trading volume, of 6,840,000 shares, the short-interest ratio is currently 0.1 days.

NXU Stock Up 2.5 %

Shares of NXU traded up $0.01 during trading hours on Wednesday, hitting $0.27. The company had a trading volume of 242,434 shares, compared to its average volume of 2,862,575. NXU has a 52-week low of $0.21 and a 52-week high of $5.69. The stock’s 50 day moving average price is $0.33 and its 200 day moving average price is $0.36.

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.