LICT Corp. (OTCMKTS:LICT) Shares Shorted: Short Interest Down 44.4% in September

LICT Corp. (OTCMKTS:LICT) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 15 shares, a decline of 44.4% from the September 15th total of 27 shares. Based on an average trading volume of 14 shares, the short-interest ratio is currently 1.1 days. Currently, 0.1% of the company’s shares are sold short.

LICT Price Performance

OTCMKTS:LICT remained flat at $13,000.00 during midday trading on Thursday. LICT has a 12 month low of $9,800.00 and a 12 month high of $14,500.00. The company has a market capitalization of $260 million and a price-to-earnings ratio of 15.62. The stock has a 50 day moving average of $12,415.10 and a 200-day moving average of $11,760.48.

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

LICT Company Profile

LICT Corporation (OTCMKTS:LICT) is a telecommunications holding company focused on providing communications services in rural and underserved communities in the United States. Through its operating subsidiaries, the company offers broadband internet, voice, video and wireless telecommunications services.

LICT’s operations are concentrated in selected rural markets, including communities in Kansas, Missouri, New Mexico and Wisconsin. Its network and service offerings support residential, business and institutional customers, with broadband connectivity representing an important part of its business.

The company has historically expanded and managed a portfolio of rural telecommunications operations through acquisitions and investments in network infrastructure.