SurgePays, Inc. (NASDAQ:SURGW) Short Interest Up 96.2% in September

SurgePays, Inc. (NASDAQ:SURGW) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 31,000 shares, a growth of 96.2% from the August 31st total of 15,800 shares. Based on an average daily trading volume, of 18,800 shares, the short-interest ratio is presently 1.6 days.

SurgePays Stock Performance

SURGW remained flat at $0.00 during mid-day trading on Friday. The company’s stock had a trading volume of 54,826 shares, compared to its average volume of 34,078. The stock has a 50 day moving average price of $0.08 and a two-hundred day moving average price of $0.37. SurgePays has a 52-week low of $0.00 and a 52-week high of $4.49.

About SurgePays

SurgePays, Inc, together with its subsidiaries, operates as a financial technology and telecom company in the United States. It operates through three segments: Mobile Virtual Network Operators, Comprehensive Platform Services, and Lead Generation. The company offers subsidized and non-subsidized mobile virtual network operators for internet connectivity through mobile broadband services to consumers; ACH banking relationships and fintech transactions platform to convenience stores; wireless top-up transactions and wireless product aggregation; and lead generation and case management solutions primarily to law firms in the mass tort industry, as well as call center activities.