LICT Corp. (OTCMKTS:LICT) Short Interest Update

LICT Corp. (OTCMKTS:LICT) was the recipient of a significant increase in short interest during 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 daily volume of 33 shares, the days-to-cover ratio is presently 1.8 days. Approximately 0.5% of the shares of the company are short sold.

LICT Price Performance

LICT stock opened at $13,000.00 on Thursday. The stock has a 50-day moving average price of $11,800.66 and a 200 day moving average price of $11,555.23. The company has a market capitalization of $260 million, a price-to-earnings ratio of 15.62 and a beta of 0.03. LICT has a 52 week low of $9,800.00 and a 52 week high of $14,000.00.

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

About LICT

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.