Digital Ally, Inc. (NASDAQ:DGLY – Get Free Report) saw a large growth in short interest in July. As of July 15th, there was short interest totalling 181,100 shares, a growth of 15.0% from the June 30th total of 157,500 shares. Currently, 4.9% of the company’s stock are sold short. Based on an average daily trading volume, of 18,200 shares, the short-interest ratio is presently 10.0 days.
Wall Street Analyst Weigh In
Separately, StockNews.com started coverage on Digital Ally in a report on Tuesday. They issued a “sell” rating on the stock.
Get Our Latest Stock Analysis on DGLY
Digital Ally Price Performance
Digital Ally (NASDAQ:DGLY – Get Free Report) last posted its earnings results on Friday, May 17th. The scientific and technical instruments company reported ($1.37) EPS for the quarter. The company had revenue of $5.53 million for the quarter. Digital Ally had a negative return on equity of 155.99% and a negative net margin of 89.17%.
Digital Ally Company Profile
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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