Digerati Technologies, Inc. (OTCMKTS:DTGI) Short Interest Up 292.1% in January

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

Digerati Technologies Stock Performance

Digerati Technologies stock traded up $0.00 during midday trading on Thursday, hitting $0.01. 100,000 shares of the company’s stock were exchanged, compared to its average volume of 314,181. The firm’s 50 day simple moving average is $0.01 and its 200 day simple moving average is $0.01. Digerati Technologies has a 12-month low of $0.00 and a 12-month high of $0.04. The stock has a market cap of $1.85 million, a price-to-earnings ratio of -0.16 and a beta of 0.18.

Digerati Technologies (OTCMKTS:DTGI) last announced its earnings results on Tuesday, January 21st. The company reported ($0.01) earnings per share 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.