SurgePays, Inc. (NASDAQ:SURGW) Short Interest Up 96.2% in September

SurgePays, Inc. (NASDAQ:SURGW) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totalling 31,000 shares, a growth of 96.2% from the August 31st total of 15,800 shares. Based on an average daily volume of 18,800 shares, the short-interest ratio is currently 1.6 days.

SurgePays Price Performance

SURGW stock remained flat at $0.00 during midday trading on Friday. The company had a trading volume of 54,826 shares, compared to its average volume of 34,078. The business has a fifty day moving average of $0.08 and a 200-day moving average of $0.37. SurgePays has a 12-month low of $0.00 and a 12-month high of $4.49.

SurgePays Company Profile

SurgePays, Inc, together with its subsidiaries, operates as a financial technology and telecom company in the United States. It operates through three segments: Mobile Virtual Network Operators, Comprehensive Platform Services, and Lead Generation. The company offers subsidized and non-subsidized mobile virtual network operators for internet connectivity through mobile broadband services to consumers; ACH banking relationships and fintech transactions platform to convenience stores; wireless top-up transactions and wireless product aggregation; and lead generation and case management solutions primarily to law firms in the mass tort industry, as well as call center activities.