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

Digerati Technologies Inc. (OTCMKTS:DTGI) saw a large growth in short interest during 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. Based on an average daily trading volume, of 3,748,380 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Digerati Technologies Stock Performance

OTCMKTS:DTGI traded down $0.00 during midday trading on Friday, reaching $0.01. 247,435 shares of the stock traded hands, compared to its average volume of 902,935. The company has a fifty day moving average of $0.01 and a 200 day moving average of $0.01. Digerati Technologies has a 12 month low of $0.01 and a 12 month high of $0.04. The stock has a market capitalization of $2.39 million, a P/E ratio of 0.20 and a beta of -0.48.

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.