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

Digerati Technologies, Inc. (OTCMKTS:DTGI) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 150,000 shares, an increase of 7,042.9% from the March 31st total of 2,100 shares. Based on an average trading volume of 486,100 shares, the short-interest ratio is presently 0.3 days.

Digerati Technologies Stock Up 2.4 %

Shares of OTCMKTS:DTGI traded up $0.00 during midday trading on Thursday, hitting $0.02. The stock had a trading volume of 50,100 shares, compared to its average volume of 232,859. The stock has a 50 day moving average price of $0.02 and a two-hundred day moving average price of $0.04. Digerati Technologies has a 1 year low of $0.02 and a 1 year high of $0.10.

Digerati Technologies (OTCMKTS:DTGI) last posted its quarterly earnings data on Friday, March 22nd. The company reported ($0.02) earnings per share for the quarter. The firm had revenue of $7.57 million 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.