Digerati Technologies Inc. (OTCMKTS:DTGI) Sees Significant Decline in Short Interest

Digerati Technologies Inc. (OTCMKTS:DTGI) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 6,330 shares, a decrease of 95.6% from the November 30th total of 143,582 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 750,351 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 750,351 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Digerati Technologies Stock Performance

DTGI traded up $0.00 during midday trading on Thursday, hitting $0.02. The stock had a trading volume of 131,834 shares, compared to its average volume of 432,783. Digerati Technologies has a 1 year low of $0.00 and a 1 year high of $0.04. The business has a fifty day moving average of $0.02 and a 200 day moving average of $0.02. The company has a market cap of $3.52 million, a P/E ratio of 0.77 and a beta of -0.07.

Digerati Technologies (OTCMKTS:DTGI) last announced its quarterly earnings data on Tuesday, November 18th. The company reported $0.02 earnings per share for the quarter. The business had revenue of $0.13 million during the quarter.

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.