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

Xcelerate, Inc. (OTCMKTS:XCRT) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 60,980 shares, an increase of 630.4% from the June 15th total of 8,349 shares. Based on an average daily volume of 288,439 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Xcelerate Trading Up 0.7%

Xcelerate stock traded up $0.00 during midday trading on Friday, reaching $0.01. The company had a trading volume of 5,000 shares, compared to its average volume of 85,116. Xcelerate has a 12-month low of $0.01 and a 12-month high of $0.02. The firm’s fifty day simple moving average is $0.01 and its 200-day simple moving average is $0.01.

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.