Xero Limited (OTCMKTS:XROLF) Short Interest Update

Xero Limited (OTCMKTS:XROLF) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 417,600 shares, an increase of 35.4% from the February 28th total of 308,500 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is presently 835.2 days.

Xero Price Performance

Shares of OTCMKTS XROLF opened at $103.26 on Wednesday. Xero has a twelve month low of $78.00 and a twelve month high of $118.88. The firm has a fifty day simple moving average of $109.64 and a 200 day simple moving average of $105.55.

About Xero

Xero Limited, together with its subsidiaries, operates as a software as a service company in New Zealand, Australia, the United Kingdom, and internationally. The company offers Xero, an open platform that connects small businesses to a range of solutions, which helps to manage their finances. It also provides Xero mobile app; and accountant/bookkeeper tools, including Xero HQ, Xero Practice Manager, Xero Workpapers, and Xero Cashbook or Xero Ledger.