Short Interest in SurgePays, Inc. (NASDAQ:SURGW) Drops By 37.3%

SurgePays, Inc. (NASDAQ:SURGW) was the target of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 4,200 shares, a decline of 37.3% from the March 31st total of 6,700 shares. Based on an average daily trading volume, of 49,800 shares, the short-interest ratio is currently 0.1 days.

SurgePays Stock Up 33.0 %

Shares of SURGW stock traded up $0.15 during trading on Monday, reaching $0.60. 12,144 shares of the company’s stock were exchanged, compared to its average volume of 50,109. The firm’s fifty day moving average price is $1.28 and its 200-day moving average price is $1.67. SurgePays has a twelve month low of $0.31 and a twelve 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.