X-Energy, Inc. (NASDAQ:XE) Short Interest Update

X-Energy, Inc. (NASDAQ:XE) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 3,510,749 shares, a growth of ∞ from the April 15th total of 0 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 9,791,376 shares, the days-to-cover ratio is currently 0.4 days.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of X-Energy to a “hold” rating in a research note on Saturday, May 2nd.

X-Energy Stock Performance

Shares of XE traded down $1.85 during trading hours on Monday, reaching $25.45. The stock had a trading volume of 2,370,731 shares, compared to its average volume of 7,765,023. X-Energy has a 52 week low of $25.34 and a 52 week high of $37.10.

Insider Transactions at X-Energy

In other news, Director Kathleen W. Hyle bought 10,000 shares of X-Energy stock in a transaction that occurred on Monday, April 27th. The stock was purchased at an average cost of $23.00 per share, with a total value of $230,000.00. Following the completion of the transaction, the director directly owned 127,640 shares in the company, valued at $2,935,720. This trade represents a 8.50% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Laura Garcia purchased 1,200 shares of the business’s stock in a transaction on Monday, April 27th. The shares were acquired at an average price of $23.00 per share, with a total value of $27,600.00. Following the purchase, the chief accounting officer owned 196,822 shares of the company’s stock, valued at approximately $4,526,906. This trade represents a 0.61% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired 12,300 shares of company stock valued at $282,900 over the last 90 days.

X-Energy Company Profile

X-Energy (NASDAQ: XE) is a U.S.-based advanced nuclear technology company focused on the development and commercialization of small modular reactors (SMRs) and advanced nuclear fuel. Its flagship reactor design, the Xe-100, is a high-temperature gas-cooled reactor intended to provide low-carbon electricity and process heat for industrial applications. X-Energy’s technology centers on TRISO fuel, a robust, particle-based fuel form that the company promotes for enhanced safety and high-temperature operation.

The company’s activities include reactor design and engineering, fuel development and manufacturing, regulatory engagement, and project delivery support for utility and industrial customers.