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

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

Digerati Technologies Trading Up 4.7 %

OTCMKTS DTGI traded up $0.00 during trading on Tuesday, hitting $0.01. 47,633 shares of the company’s stock were exchanged, compared to its average volume of 160,222. The stock’s 50 day moving average price is $0.01 and its two-hundred day moving average price is $0.01. The company has a market cap of $1.70 million, a PE ratio of -0.15 and a beta of 0.18. Digerati Technologies has a fifty-two week low of $0.00 and a fifty-two week high of $0.04.

Digerati Technologies (OTCMKTS:DTGI) last issued its earnings results on Tuesday, January 21st. The company reported ($0.01) EPS for the quarter.

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.