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

Digerati Technologies, Inc. (OTCMKTS:DTGIGet Free Report) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 24,700 shares, a growth of 292.1% from the December 15th total of 6,300 shares. Based on an average daily volume of 872,900 shares, the days-to-cover ratio is currently 0.0 days.

Digerati Technologies Stock Performance

Shares of OTCMKTS:DTGI traded up $0.00 during mid-day trading on Monday, reaching $0.01. 206,862 shares of the company’s stock were exchanged, compared to its average volume of 162,477. The firm has a market capitalization of $2.10 million, a price-to-earnings ratio of -0.12 and a beta of 0.18. Digerati Technologies has a twelve month low of $0.00 and a twelve month high of $0.06. The business’s fifty day moving average price is $0.02 and its 200-day moving average price is $0.02.

Digerati Technologies Company Profile

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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.

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