Xos, Inc. (NASDAQ:XOSWW – Get Rating) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 16,700 shares, an increase of 21.9% from the March 15th total of 13,700 shares. Based on an average daily volume of 24,000 shares, the days-to-cover ratio is presently 0.7 days.

XOS Stock Performance

Shares of XOSWW opened at $0.04 on Monday. The stock has a 50 day simple moving average of $0.07. XOS has a one year low of $0.03 and a one year high of $0.44.

Insider Buying and Selling

In other XOS news, Director George N. Mattson acquired 100,000 shares of XOS stock in a transaction dated Monday, April 3rd. The stock was bought at an average cost of $0.55 per share, with a total value of $55,000.00. Following the acquisition, the director now owns 600,000 shares of the company's stock, valued at $330,000. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director George N. Mattson acquired 100,000 shares of the stock in a transaction dated Monday, April 3rd. The shares were bought at an average cost of $0.55 per share, for a total transaction of $55,000.00. Following the purchase, the director now owns 600,000 shares in the company, valued at approximately $330,000. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director George N. Mattson bought 60,066 shares of the stock in a transaction dated Wednesday, April 5th. The stock was purchased at an average cost of $0.60 per share, for a total transaction of $36,039.60. Following the acquisition, the director now owns 690,066 shares in the company, valued at approximately $414,039.60. The disclosure for this purchase can be found here. Insiders bought a total of 425,395 shares of company stock valued at $306,213 over the last ninety days.

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