Short Interest in Digerati Technologies Inc. (OTCMKTS:DTGI) Grows By 281.1%

Digerati Technologies Inc. (OTCMKTS:DTGI) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 57,957 shares, an increase of 281.1% from the April 30th total of 15,206 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 3,748,380 shares, the short-interest ratio is currently 0.0 days.

Digerati Technologies Price Performance

DTGI stock traded down $0.00 during midday trading on Friday, reaching $0.01. The company had a trading volume of 247,435 shares, compared to its average volume of 902,935. Digerati Technologies has a 1 year low of $0.01 and a 1 year high of $0.04. The company has a market capitalization of $2.39 million, a P/E ratio of 0.20 and a beta of -0.48. The firm has a 50-day moving average price of $0.01 and a 200-day moving average price of $0.01.

Digerati Technologies Company Profile

Digerati Technologies (OTCMKTS: DTGI) is a digital content company specializing in the licensing, publishing and distribution of interactive entertainment and multimedia. Through its subsidiaries and partnerships, the company focuses on bringing independently developed video games, mobile applications and other digital titles to market. Digerati leverages its in-house expertise in platform certification, quality assurance and localization to support developers in launching projects across PC, console and mobile storefronts.

The company’s core services include project management, porting support and digital marketing campaigns designed to boost visibility on major distribution channels such as Steam, the Epic Games Store, PlayStation Network, Xbox Live, Nintendo eShop, the Apple App Store and Google Play.