LICT Corp. (OTCMKTS:LICT) Sees Large Increase in Short Interest

LICT Corp. (OTCMKTS:LICTGet Free Report) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 59 shares, an increase of ∞ from the August 15th total of 0 shares. Based on an average trading volume of 33 shares, the short-interest ratio is currently 1.8 days. Currently, 0.5% of the shares of the company are short sold.

LICT Price Performance

LICT stock traded up $2,000.00 during mid-day trading on Tuesday, reaching $14,000.00. 1 shares of the company were exchanged, compared to its average volume of 100. The firm has a market cap of $280 million, a PE ratio of 16.83 and a beta of 0.03. LICT has a 12 month low of $9,800.00 and a 12 month high of $14,000.00. The company has a fifty day simple moving average of $11,748.66 and a 200-day simple moving average of $11,535.70.

LICT (OTCMKTS:LICTGet Free Report) last announced its quarterly earnings results on Tuesday, August 11th. The company reported $403.00 earnings per share (EPS) for the quarter. The company had revenue of $40.56 million for the quarter.

LICT Company Profile

(Get Free Report)

LICT Corporation (OTCMKTS:LICT) is a holding company focused primarily on providing telecommunications services to customers in rural and underserved communities in the United States. Through its operating subsidiaries, the company offers local and long-distance telephone service, broadband internet access, and related communications services.

LICT’s business activities have historically centered on owning and operating rural telephone companies and local exchange networks. Depending on the subsidiary and market, its services may also include video or television offerings, wireless communications, network transport, and other technology-related services supporting residential, business, and institutional customers.

The company is headquartered in Rye Brook, New York, and serves geographically dispersed markets through its portfolio of telecommunications operations.

Further Reading

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