Xos, Inc. (NASDAQ:XOSWW – Get Rating) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 23,800 shares, a growth of 68.8% from the January 31st total of 14,100 shares. Based on an average trading volume of 31,900 shares, the short-interest ratio is currently 0.7 days.
Insider Activity at XOS
In other XOS news, COO Giordano Sordoni bought 56,729 shares of the stock in a transaction on Tuesday, January 17th. The stock was purchased at an average price of $1.06 per share, for a total transaction of $60,132.74. Following the completion of the purchase, the chief operating officer now directly owns 23,731,629 shares in the company, valued at $25,155,526.74. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other XOS news, Director George N. Mattson bought 80,416 shares of the stock in a transaction on Thursday, January 5th. The stock was purchased at an average price of $0.67 per share, for a total transaction of $53,878.72. Following the completion of the purchase, the director now directly owns 184,597 shares in the company, valued at $123,679.99. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Giordano Sordoni purchased 56,729 shares of the stock in a transaction dated Tuesday, January 17th. The shares were purchased at an average price of $1.06 per share, with a total value of $60,132.74. Following the transaction, the chief operating officer now directly owns 23,731,629 shares of the company's stock, valued at approximately $25,155,526.74. The disclosure for this purchase can be found here. Insiders have purchased 643,667 shares of company stock valued at $570,344 over the last ninety days.
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XOS Price Performance
XOS stock opened at $0.10 on Wednesday. The business's 50-day moving average price is $0.08. XOS has a one year low of $0.03 and a one year high of $0.48.
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