I-Cable Communications Ltd. (OTCMKTS:ICABY) Sees Significant Increase in Short Interest

I-Cable Communications Ltd. (OTCMKTS:ICABY) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 2 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

I-Cable Communications Stock Performance

I-Cable Communications stock remained flat at $0.11 during midday trading on Monday. The company’s 50 day moving average is $0.12 and its 200 day moving average is $0.14. I-Cable Communications has a 52 week low of $0.10 and a 52 week high of $0.21.

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.