XP Power Limited (OTCMKTS:XPPLF) Sees Significant Decrease in Short Interest

XP Power Limited (OTCMKTS:XPPLF) was the recipient of a large drop in short interest in March. As of March 31st, there was short interest totaling 1,347 shares, a drop of 55.2% from the March 15th total of 3,006 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

XP Power Stock Performance

Shares of OTCMKTS:XPPLF opened at $16.35 on Friday. The company’s fifty day moving average is $16.35 and its 200 day moving average is $13.84. XP Power has a 52 week low of $8.36 and a 52 week high of $16.35.

XP Power Company Profile

XP Power Ltd is a provider of critical power control systems and solutions, offering a comprehensive range of power conversion products to industrial and technology markets. Founded in 1988, the company has built a reputation for high-reliability AC-DC and DC-DC power supplies, high-voltage modules and custom power systems. XP Power serves applications in semiconductor manufacturing, medical equipment, laser and analytical instrumentation, telecommunications and other capital-intensive sectors that demand precise, stable power delivery.

The company’s product portfolio includes standard and configurable AC-DC power supplies, DC-DC converters, programmable high-voltage power supplies and embedded power modules.