Digital Ally, Inc. (NASDAQ:DGLY) Short Interest Update

by · The Cerbat Gem

Digital Ally, Inc. (NASDAQ:DGLY – Get Free Report) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totalling 272,100 shares, a decrease of 16.0% from the November 30th total of 323,800 shares. Approximately 5.9% of the company’s stock are sold short. Based on an average trading volume of 189,600 shares, the short-interest ratio is currently 1.4 days.

Digital Ally Stock Down 0.4 %

Shares of Digital Ally stock traded down $0.00 on Friday, hitting $0.53. 147,510 shares of the company traded hands, compared to its average volume of 503,456. The company has a market cap of $2.58 million, a PE ratio of -0.07 and a beta of 0.82. Digital Ally has a 12-month low of $0.48 and a 12-month high of $3.29. The company has a quick ratio of 0.43, a current ratio of 0.51 and a debt-to-equity ratio of 1.61. The company has a 50-day moving average price of $0.79 and a 200 day moving average price of $1.29.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on Digital Ally in a research note on Sunday. They set a “sell” rating on the stock.

Check Out Our Latest Report on DGLY

Digital Ally Company Profile

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Digital Ally, Inc produces and sells digital video imaging, storage, and disinfectant and related safety products for use in law enforcement, security, and commercial applications in the United States. It operates through three segments: Video Solutions, Revenue Cycle Management, and Entertainment. The company offers in-car digital video mirror systems for law enforcement; in-car digital video event recorder systems for commercial fleets; a suite of data management web-based tools to assist fleet managers in the organization, archival, and management of videos and telematics information; body-worn digital video systems for law enforcement and private security; and VuLink ecosystem that provides intuitive auto-activation functionality as well as coordination between multiple recording devices.

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