Xcelerate Inc. (OTCMKTS:XCRT) Short Interest Up 305.6% in July

Xcelerate Inc. (OTCMKTS:XCRT) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totalling 64,900 shares, an increase of 305.6% from the July 15th total of 16,000 shares. Based on an average daily volume of 506,000 shares, the short-interest ratio is presently 0.1 days.

Xcelerate Stock Down 7.1 %

Xcelerate stock traded down $0.00 during mid-day trading on Wednesday, hitting $0.02. 111,873 shares of the company’s stock traded hands, compared to its average volume of 176,529. The firm has a 50 day moving average price of $0.03 and a 200 day moving average price of $0.03. Xcelerate has a one year low of $0.01 and a one year high of $0.11.

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.