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

Xcelerate Inc. (OTCMKTS:XCRT) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 14,000 shares, a growth of 100.0% from the January 31st total of 7,000 shares. Based on an average daily trading volume, of 253,200 shares, the days-to-cover ratio is presently 0.1 days.

Xcelerate Stock Performance

Shares of OTCMKTS XCRT opened at $0.03 on Friday. The stock’s 50 day moving average price is $0.02 and its two-hundred day moving average price is $0.02. Xcelerate has a 52-week low of $0.01 and a 52-week high of $0.05.

Xcelerate Company Profile

Xcelerate Inc acquires engineering/patents and applies to early-stage medical technology companies. The company engages in the formulation, packaging and marketing of consumer health and beauty, and clinically tested skin care products; development of artificial intelligence and virtual health technology to assist patients; owning and licensing the rights to various forms of medical equipment.