Datatec (OTCMKTS:DTTLY) Shares Shorted: Short Interest Up 672.4% in October

Datatec (OTCMKTS:DTTLY – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 448 shares, an increase of 672.4% from the October 15th total of 58 shares. Based on an average daily volume of 2,066 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Datatec Price Performance

DTTLY stock traded down $2.10 during trading on Thursday, hitting $7.00. The stock had a trading volume of 1,200 shares, compared to its average volume of 1,122. Datatec has a twelve month low of $6.90 and a twelve month high of $10.75. The company’s 50-day moving average price is $9.42 and its two-hundred day moving average price is $9.44. The company has a current ratio of 1.03, a quick ratio of 0.95 and a debt-to-equity ratio of 0.05.

About Datatec

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Datatec is an international information and communications technology (ICT) group founded in 1986 by Jens Montanana. Based in South Africa, the company serves customers across multiple regions through businesses focused on technology distribution and IT solutions and services. Its Westcon-Comstor business distributes technology products and services, including solutions in networking, cybersecurity, collaboration and data center infrastructure. Logicalis provides IT solutions and services, such as digital transformation, systems integration and managed services.

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