Short Interest in Digerati Technologies, Inc. (OTCMKTS:DTGI) Grows By 292.1%

Digerati Technologies, Inc. (OTCMKTS:DTGI) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 24,700 shares, a growth of 292.1% from the December 31st total of 6,300 shares. Based on an average daily trading volume, of 872,900 shares, the days-to-cover ratio is presently 0.0 days.

Digerati Technologies Stock Performance

DTGI traded up $0.00 during trading on Wednesday, hitting $0.01. The stock had a trading volume of 47,633 shares, compared to its average volume of 314,181. The stock has a 50 day simple moving average of $0.01 and a two-hundred day simple moving average of $0.01. Digerati Technologies has a twelve month low of $0.00 and a twelve month high of $0.04. The company has a market capitalization of $1.70 million, a PE ratio of -0.15 and a beta of 0.18.

Digerati Technologies (OTCMKTS:DTGI) last issued its quarterly earnings results on Tuesday, January 21st. The company reported ($0.01) earnings per share (EPS) for the quarter.

Digerati Technologies Company Profile

Digerati Technologies, Inc, through its subsidiaries, provides a portfolio of Internet-based telephony products and services through its cloud application platform and session-based communication network in the United States. The company offers Internet broadband, fiber, mobile broadband, and cloud wide area network (WAN) or software-defined wide area network (SD-WAN) solutions; cloud communication services, including fully hosted IP/PBX, video conferencing, mobile applications, Voice over Internet Protocol (VoIP) transport, session initiation protocol (SIP) trunking, call center applications, auto attendant, voice and web conferencing, call recording, messaging, voicemail to email conversion, integrated mobility applications, and customized VoIP services; and remote network monitoring, data backup, and disaster recovery services, as well as enterprise-class data and connectivity solutions, such as cloud WAN or SD-WAN, fiber, mobile broadband, and Ethernet over copper services.