Short Interest in B Communications Ltd. (OTCMKTS:BCOMF) Rises By 637.6%

B Communications Ltd. (OTCMKTS:BCOMF) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 627 shares, a growth of 637.6% from the November 30th total of 85 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 645 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 645 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.0% of the company’s stock are short sold.

B Communications Stock Up 4.5%

Shares of OTCMKTS BCOMF traded up $0.34 during trading on Wednesday, reaching $7.84. The company had a trading volume of 10,508 shares, compared to its average volume of 983. B Communications has a 12-month low of $3.28 and a 12-month high of $7.84. The company has a quick ratio of 0.98, a current ratio of 1.01 and a debt-to-equity ratio of 1.74. The business’s 50-day moving average is $7.38 and its 200 day moving average is $6.89. The stock has a market cap of $816.61 million, a PE ratio of 4.26 and a beta of 1.40.

About B Communications

B Communications Ltd is an Israel‐based holding company whose principal asset is its controlling equity interest in Bezeq The Israel Telecommunication Corporation Ltd, the country’s largest integrated telecommunications provider. B Communications itself does not operate telecom services directly but derives its revenues and strategic direction from its stake in Bezeq, which offers a full suite of communications services across Israel.

Through Bezeq and its subsidiaries, B Communications benefits from operations in fixed-line telephony, broadband internet access, cellular mobile services, international communications and pay-TV broadcasting.