Datatec (OTCMKTS:DTTLY) Shares Shorted: Short Interest Up 672.4% in October

Datatec (OTCMKTS:DTTLY – Get Free Report) saw a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 448 shares, a growth of 672.4% from the October 15th total of 58 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,066 shares, the short-interest ratio is presently 0.2 days.

Datatec Price Performance

Shares of OTCMKTS:DTTLY opened at $9.00 on Wednesday. The company has a 50 day moving average of $9.44 and a 200-day moving average of $9.44. Datatec has a twelve month low of $6.94 and a twelve month high of $10.75. The company has a quick ratio of 0.95, a current ratio of 1.03 and a debt-to-equity ratio of 0.05.

About Datatec

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Datatec is an international information and communications technology (ICT) group founded in 1986 by Jens Montanana. Based in South Africa, the company serves customers across multiple regions through businesses focused on technology distribution and IT solutions and services. Its Westcon-Comstor business distributes technology products and services, including solutions in networking, cybersecurity, collaboration and data center infrastructure. Logicalis provides IT solutions and services, such as digital transformation, systems integration and managed services.

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