Digerati Technologies Inc. (OTCMKTS:DTGI) Short Interest Up 2,030.4% in December

Digerati Technologies Inc. (OTCMKTS:DTGI) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 134,856 shares, a growth of 2,030.4% from the December 15th total of 6,330 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 514,693 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 514,693 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Digerati Technologies Price Performance

DTGI stock opened at $0.01 on Wednesday. The stock has a market capitalization of $3.25 million, a price-to-earnings ratio of 0.71 and a beta of -0.06. The company has a 50-day moving average of $0.02 and a two-hundred day moving average of $0.02. Digerati Technologies has a 52-week low of $0.01 and a 52-week high of $0.04.

Digerati Technologies (OTCMKTS:DTGI) last posted 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 for the quarter.

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.