I-Cable Communications Ltd. (OTCMKTS:ICABY – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 2 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.
I-Cable Communications Stock Performance
Shares of ICABY stock remained flat at $0.11 during mid-day trading on Wednesday. I-Cable Communications has a 1 year low of $0.10 and a 1 year high of $0.21. The business’s fifty day moving average price is $0.12 and its 200-day moving average price is $0.14.
About I-Cable Communications
I-Cable Communications Limited is a Hong Kong-based media and telecommunications company best known for operating Cable TV, a subscription television service. Through its media businesses, the company has provided news, entertainment, sports, movie and lifestyle programming to viewers in Hong Kong.
The company has also been involved in broadband internet access, telecommunications services, television channel production, content distribution and advertising. Its operations have included the development and distribution of Chinese-language programming, as well as the sale of advertising and related media services.
I-Cable traces its roots to Hong Kong’s cable television industry, which began operations in the 1990s, and has served the Hong Kong market through its cable network and media platforms.
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