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

Digerati Technologies, Inc. (OTCMKTS:DTGIGet Free Report) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 32,700 shares, a growth of 2,235.7% from the July 15th total of 1,400 shares. Based on an average trading volume of 414,600 shares, the short-interest ratio is currently 0.1 days.

Digerati Technologies Price Performance

Shares of DTGI opened at $0.03 on Friday. Digerati Technologies has a 52 week low of $0.03 and a 52 week high of $0.19. The company has a market capitalization of $5.62 million, a price-to-earnings ratio of -0.50 and a beta of 0.67. The stock’s 50-day moving average price is $0.05 and its 200-day moving average price is $0.07.

Digerati Technologies (OTCMKTS:DTGIGet Free Report) last issued its earnings results on Thursday, June 15th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $7.84 million during the quarter.

About Digerati Technologies

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Digerati Technologies, Inc is a holding company, which engages in providing cloud telephony services. Its services include fully hosted IP/PBX, mobile applications, voice over Internet protocol (VoIP) transport, SIP trunking, and customized VoIP services. The company was founded in 1993 and is headquartered in San Antonio, TX.

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