Datatec (OTCMKTS:DTTLY – Get Free Report) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 448 shares, an increase of 672.4% from the October 15th total of 58 shares. Based on an average daily trading volume, of 2,066 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.
Datatec Trading Down 34.0%
Shares of OTCMKTS DTTLY opened at $6.01 on Friday. Datatec has a twelve month low of $5.97 and a twelve month high of $10.75. The firm has a fifty day simple moving average of $9.34 and a 200 day simple moving average of $9.43. 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
Datatec is an international information and communications technology (ICT) group founded in 1986 by Jens Montanana. Based in South Africa, the company serves customers across multiple regions through businesses focused on technology distribution and IT solutions and services. Its Westcon-Comstor business distributes technology products and services, including solutions in networking, cybersecurity, collaboration and data center infrastructure. Logicalis provides IT solutions and services, such as digital transformation, systems integration and managed services.
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