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

Digerati Technologies, Inc. (OTCMKTS:DTGI) was the recipient of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,800 shares, an increase of 1,700.0% from the October 31st total of 100 shares. Based on an average daily trading volume, of 1,851,200 shares, the days-to-cover ratio is currently 0.0 days.

Digerati Technologies Price Performance

DTGI opened at $0.02 on Thursday. The firm has a 50-day moving average price of $0.01 and a 200-day moving average price of $0.02. Digerati Technologies has a twelve month low of $0.01 and a twelve month high of $0.09. The company has a market capitalization of $4.27 million, a price-to-earnings ratio of -0.25 and a beta of -0.29.

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.