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

Digital Ally, Inc. (NASDAQ:DGLY) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totalling 157,500 shares, a growth of 23.0% from the June 15th total of 128,000 shares. Currently, 4.2% of the shares of the company are sold short. Based on an average daily trading volume, of 14,000 shares, the short-interest ratio is currently 11.3 days.

Digital Ally Price Performance

Shares of DGLY stock traded up $0.11 during trading hours on Friday, reaching $2.17. The company had a trading volume of 14,089 shares, compared to its average volume of 15,137. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.48 and a current ratio of 0.61. The stock has a fifty day moving average of $2.70 and a 200-day moving average of $2.39. The company has a market capitalization of $6.25 million, a price-to-earnings ratio of -0.26 and a beta of 0.86. Digital Ally has a 12-month low of $1.73 and a 12-month high of $4.40.

Digital Ally (NASDAQ:DGLY) last released its quarterly earnings data on Friday, May 17th. The scientific and technical instruments company reported ($1.37) EPS for the quarter. Digital Ally had a negative net margin of 89.17% and a negative return on equity of 155.99%. The business had revenue of $5.53 million during the quarter.

Analyst Ratings Changes

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

About Digital Ally

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.