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

Digerati Technologies, Inc. (OTCMKTS:DTGI) was the recipient of a large 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 trading volume, of 872,900 shares, the days-to-cover ratio is presently 0.0 days.

Digerati Technologies Stock Down 10.7 %

Shares of DTGI traded down $0.00 on Wednesday, hitting $0.01. 117,022 shares of the stock traded hands, compared to its average volume of 140,578. Digerati Technologies has a 1 year low of $0.00 and a 1 year high of $0.06. The stock’s 50 day moving average is $0.02 and its two-hundred day moving average is $0.01. The firm has a market capitalization of $1.88 million, a P/E ratio of -0.11 and a beta of 0.18.

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.