Nxu, Inc. (NASDAQ:NXU) Sees Significant Decline in Short Interest

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

NXU Price Performance

NXU stock traded down $0.02 during mid-day trading on Friday, hitting $0.24. The stock had a trading volume of 1,465,323 shares, compared to its average volume of 2,662,641. The stock has a 50-day simple moving average of $0.33 and a two-hundred day simple moving average of $0.33. NXU has a 12 month low of $0.21 and a 12 month high of $3.13.

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.