Digerati Technologies Inc. (OTCMKTS:DTGI) Shares Shorted: Short Interest Down 79.0% in October

Digerati Technologies Inc. (OTCMKTS:DTGI) was the recipient of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 20,160 shares, a drop of 79.0% from the October 15th total of 96,142 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 908,137 shares, the short-interest ratio is currently 0.0 days.

Digerati Technologies Stock Performance

Shares of DTGI remained flat at $0.01 during trading hours on Thursday. 169,000 shares of the company were exchanged, compared to its average volume of 497,917. Digerati Technologies has a 52 week low of $0.00 and a 52 week high of $0.03. The company’s 50-day simple moving average is $0.01 and its 200-day simple moving average is $0.01. The company has a market capitalization of $6.75 million, a P/E ratio of 0.37 and a beta of -0.77.

About Digerati Technologies

Digerati Technologies, Inc. is a telecommunications and cloud communications company that provides voice, connectivity and related technology services to small and medium-sized businesses. Its offerings have included hosted business phone systems, cloud-based private branch exchange services, voice over Internet protocol (VoIP), SIP trunking, broadband connectivity and unified communications solutions. The company delivers services through a network-based infrastructure and affiliated operating businesses, with an emphasis on helping organizations manage business communications through cloud platforms.