Digerati Technologies, Inc. (OTCMKTS:DTGI) Sees Significant Increase in Short Interest

Digerati Technologies, Inc. (OTCMKTS:DTGI) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 6,300 shares, a growth of 46.5% from the November 30th total of 4,300 shares. Based on an average daily volume of 235,500 shares, the days-to-cover ratio is currently 0.0 days.

Digerati Technologies Stock Performance

DTGI traded down $0.00 during trading on Monday, hitting $0.01. The stock had a trading volume of 65,200 shares, compared to its average volume of 359,403. Digerati Technologies has a twelve month low of $0.01 and a twelve month high of $0.09. The company’s 50-day moving average price is $0.02 and its 200 day moving average price is $0.02. The firm has a market capitalization of $2.27 million, a P/E ratio of -0.13 and a beta of 0.02.

About Digerati Technologies

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.