B Communications LTD. – Ordinary Shares (NASDAQ:BCOM) Short Interest Increased By 25%

May 17, 2018 - By Paula Hilliard

The stock of B Communications LTD. – Ordinary Shares (NASDAQ:BCOM) registered an increase of 25% in short interest. BCOM’s total short interest was 500 shares in May as published by FINRA. Its up 25% from 400 shares, reported previously. With 900 shares average volume, it will take short sellers 1 days to cover their BCOM’s short positions.

The stock decreased 2.90% or $0.312 during the last trading session, reaching $10.438. About 213 shares traded. B Communications Ltd (NASDAQ:BCOM) has declined 31.42% since May 17, 2017 and is downtrending. It has underperformed by 42.97% the S&P500.

B Communications Ltd. provides various communications services for business and private clients in Israel. The company has market cap of $306.37 million. The firm offers fixed-line telephony, fixed-line broadband Internet infrastructure access, Internet service provider, cellular telephony, international telephony, international and domestic data transfer and network, information and communication technology, pay television, multi-channel television, television and radio broadcasts, satellite broadcasts, and customer call center services, as well as other communications infrastructures and services. It has a 12.21 P/E ratio. It is also involved in the maintenance and development of communications infrastructures; provision of communications services to other communications providers; and supply and maintenance of equipment on customer premises, such as network end point services.

Another recent and important B Communications Ltd (NASDAQ:BCOM) news was published by Nasdaq.com which published an article titled: “Mid-Afternoon Market Update: Dow Drops Over 100 Points; McDermott International Shares Spike Higher” on April 23, 2018.

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