Short Interest in Digerati Technologies, Inc. (OTCMKTS:DTGI) Expands By 46.3%

Digerati Technologies, Inc. (OTCMKTS:DTGI) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 51,800 shares, an increase of 46.3% from the September 15th total of 35,400 shares. Based on an average daily volume of 96,000 shares, the short-interest ratio is currently 0.5 days.

Digerati Technologies Stock Performance

DTGI stock traded down $0.00 during midday trading on Monday, reaching $0.01. 3,300 shares of the company’s stock traded hands, compared to its average volume of 338,783. The firm has a market capitalization of $2.26 million, a PE ratio of -0.14 and a beta of -0.35. The company has a 50-day moving average price of $0.01 and a two-hundred day moving average price of $0.02. Digerati Technologies has a 52 week low of $0.01 and a 52 week high of $0.09.

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.