Digerati Technologies Inc. (OTCMKTS:DTGI) Short Interest Up 281.1% in May

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

Digerati Technologies Trading Up 3.1%

Shares of OTCMKTS:DTGI traded up $0.00 during trading on Friday, reaching $0.01. The company had a trading volume of 828,285 shares, compared to its average volume of 1,627,332. The company has a fifty day moving average of $0.01 and a two-hundred day moving average of $0.01. The stock has a market capitalization of $2.63 million, a P/E ratio of 0.22 and a beta of -0.48. Digerati Technologies has a 12 month low of $0.01 and a 12 month high of $0.04.

About Digerati Technologies

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.