LICT Corp. (OTCMKTS:LICT) Short Interest Up ∞ in August

LICT Corp. (OTCMKTS:LICT) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 59 shares, a growth of ∞ from the August 15th total of 0 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average trading volume of 33 shares, the short-interest ratio is currently 1.8 days.

LICT Trading Up 16.7%

LICT stock traded up $2,000.00 during mid-day trading on Tuesday, reaching $14,000.00. The company’s stock had a trading volume of 1 shares, compared to its average volume of 100. LICT has a twelve month low of $9,800.00 and a twelve month high of $14,000.00. The business has a 50 day moving average price of $11,748.66 and a 200-day moving average price of $11,535.70. The firm has a market cap of $280 million, a price-to-earnings ratio of 16.83 and a beta of 0.03.

LICT (OTCMKTS:LICT) last posted its earnings results on Tuesday, August 11th. The company reported $403.00 EPS for the quarter. The firm had revenue of $40.56 million during the quarter.

LICT Company Profile

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.