Short Interest in Digerati Technologies, Inc. (OTCMKTS:DTGI) Expands By 11.7%

Digerati Technologies, Inc. (OTCMKTS:DTGI) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 47,900 shares, a growth of 11.7% from the August 15th total of 42,900 shares. Based on an average trading volume of 317,200 shares, the short-interest ratio is presently 0.2 days.

Digerati Technologies Trading Up 10.9 %

Shares of DTGI stock opened at $0.01 on Wednesday. Digerati Technologies has a 12-month low of $0.01 and a 12-month high of $0.09. The stock has a market capitalization of $2.19 million, a P/E ratio of -0.14 and a beta of -0.33. The firm’s 50 day moving average is $0.02 and its 200 day moving average is $0.02.

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.