Datatec (OTCMKTS:DTTLY) Sees Significant Growth in Short Interest

Datatec (OTCMKTS:DTTLY – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 323 shares. Based on an average trading volume of 772 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are short sold.

Datatec Stock Performance

Shares of DTTLY remained flat at $9.48 during mid-day trading on Wednesday. The stock has a 50-day simple moving average of $9.42 and a two-hundred day simple moving average of $9.40. Datatec has a one year low of $9.48 and a one year high of $10.75. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.03 and a quick ratio of 0.95.

About Datatec

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Datatec Limited is a South African technology group that provides information and communications technology (ICT) products, services and solutions to businesses, government organizations and service providers worldwide. Its activities include technology distribution, systems integration, managed services, cloud computing, cybersecurity, networking and digital transformation.

The group’s principal operating businesses include Westcon-Comstor, a distributor of networking, cybersecurity and communications technologies, and Logicalis, an international provider of IT consulting, systems integration and managed services.

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