Zip Co Limited (OTCMKTS:ZIZTF) Sees Significant Growth in Short Interest

Zip Co Limited (OTCMKTS:ZIZTF) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 17,851,900 shares, a growth 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 Stock Performance

ZIZTF opened at $0.75 on Friday. ZIP has a twelve month low of $0.17 and a twelve month high of $0.98. The company’s 50-day moving average price is $0.77 and its two-hundred day moving average price is $0.48.

About ZIP

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.