Digital Ally, Inc. (NASDAQ:DGLY – Get Free Report) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totalling 157,500 shares, an increase of 23.0% from the June 15th total of 128,000 shares. Based on an average trading volume of 14,000 shares, the short-interest ratio is presently 11.3 days. Currently, 4.2% of the shares of the stock are sold short.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on shares of Digital Ally in a research report on Sunday. They issued a “sell” rating for the company.
Get Our Latest Analysis on DGLY
Digital Ally Price Performance
Digital Ally (NASDAQ:DGLY – Get Free Report) last issued its quarterly earnings data on Friday, May 17th. The scientific and technical instruments company reported ($1.37) earnings per share for the quarter. Digital Ally had a negative return on equity of 155.99% and a negative net margin of 89.17%. The firm had revenue of $5.53 million during the quarter.
Digital Ally Company Profile
Digital Ally, Inc produces and sells digital video imaging, storage, and disinfectant and related safety products for use in law enforcement, security, and commercial applications in the United States. It operates through three segments: Video Solutions, Revenue Cycle Management, and Entertainment. The company offers in-car digital video mirror systems for law enforcement; in-car digital video event recorder systems for commercial fleets; a suite of data management web-based tools to assist fleet managers in the organization, archival, and management of videos and telematics information; body-worn digital video systems for law enforcement and private security; and VuLink ecosystem that provides intuitive auto-activation functionality as well as coordination between multiple recording devices.
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