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

Digerati Technologies, Inc. (OTCMKTS:DTGI) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 4,700 shares, a growth of 74.1% from the May 15th total of 2,700 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 574,100 shares, the short-interest ratio is presently 0.0 days.

Digerati Technologies Price Performance

Shares of OTCMKTS:DTGI remained flat at $0.01 on Friday. 1 shares of the stock traded hands, compared to its average volume of 107,201. Digerati Technologies has a 12-month low of $0.00 and a 12-month high of $0.03. The company has a market cap of $1.56 million, a price-to-earnings ratio of -0.14 and a beta of 0.22. The stock’s 50-day moving average is $0.01 and its 200-day moving average is $0.01.

Digerati Technologies (OTCMKTS:DTGI) last posted its quarterly earnings data on Monday, March 24th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $7.59 million for the quarter.

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.