Short Interest in Nxu, Inc. (NASDAQ:NXU) Declines By 96.5%

Nxu, Inc. (NASDAQ:NXUGet Free Report) saw a significant drop in short interest in February. As of February 28th, there was short interest totalling 283,800 shares, a drop of 96.5% from the February 13th total of 8,000,000 shares. Currently, 1.9% of the shares of the stock are short sold. Based on an average trading volume of 19,290,000 shares, the short-interest ratio is currently 0.0 days.

NXU Stock Down 1.0 %

Shares of NXU traded down $0.00 during midday trading on Friday, hitting $0.25. 1,166,070 shares of the company traded hands, compared to its average volume of 12,344,515. NXU has a 52 week low of $0.21 and a 52 week high of $2.25. The firm has a 50 day moving average of $0.41 and a 200-day moving average of $0.36.

NXU Company Profile

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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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