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

Xcelerate, Inc. (OTCMKTS:XCRT) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 30,798 shares, a drop of 43.4% from the July 15th total of 54,372 shares. Based on an average daily volume of 89,096 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Xcelerate Price Performance

Shares of OTCMKTS XCRT opened at $0.01 on Wednesday. The firm’s fifty day moving average is $0.01 and its 200 day moving average is $0.01. Xcelerate has a 52 week low of $0.01 and a 52 week high of $0.02.

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.