Zip Co Limited (OTCMKTS:ZIZTF) Sees Large Increase in Short Interest

Zip Co Limited (OTCMKTS:ZIZTF) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 17,851,900 shares, an increase of 165.0% from the March 31st total of 6,737,600 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is presently 11,157.4 days.

ZIP Price Performance

OTCMKTS:ZIZTF opened at $0.75 on Friday. The company has a 50-day moving average price of $0.78 and a 200-day moving average price of $0.49. ZIP has a 12 month low of $0.17 and a 12 month high of $0.98.

ZIP Company Profile

Zip Co Limited engages in the provision of digital retail finance and payments solutions to consumers, and small and medium sized merchants (SMEs) in Australia, New Zealand, Canada, and the United States. The company offers Buy Now Pay Later services, which offer line of credit and installment products to consumers through online and in-store.