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

Digerati Technologies, Inc. (OTCMKTS:DTGI) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 150,000 shares, a growth of 7,042.9% from the March 31st total of 2,100 shares. Based on an average daily trading volume, of 486,100 shares, the short-interest ratio is presently 0.3 days.

Digerati Technologies Price Performance

OTCMKTS DTGI opened at $0.03 on Friday. The company has a market capitalization of $4.45 million, a PE ratio of -0.36 and a beta of -0.08. The company has a fifty day moving average of $0.02 and a 200 day moving average of $0.04. Digerati Technologies has a 1 year low of $0.02 and a 1 year high of $0.10.

Digerati Technologies (OTCMKTS:DTGI) last posted its earnings results on Friday, March 22nd. The company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $7.57 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.