Xcelerate, Inc. (OTCMKTS:XCRT) Sees Large Drop in Short Interest

Xcelerate, Inc. (OTCMKTS:XCRT) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 10,950 shares, a decrease of 63.7% from the January 15th total of 30,168 shares. Based on an average daily volume of 110,748 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 110,748 shares, the days-to-cover ratio is presently 0.1 days.

Xcelerate Stock Performance

Shares of Xcelerate stock opened at $0.02 on Wednesday. The company’s 50 day moving average price is $0.01 and its two-hundred day moving average price is $0.01. Xcelerate has a fifty-two week low of $0.01 and a fifty-two week high of $0.03.

About Xcelerate

Xcelerate (OTCMKTS:XCRT) is a provider of digital infrastructure solutions and professional services designed to support enterprise and service provider network deployments. The company offers structured cabling, unified communications, cloud and data center services, wireless networking, security systems and smart building technologies. Xcelerate’s integrated approach spans consulting, design, installation and lifecycle support, helping organizations optimize network performance and scalability.

Headquartered in Lehi, Utah, Xcelerate serves clients across North America, including commercial enterprises, healthcare facilities, education institutions and government agencies.