Optimum Communications, Inc.

OPTU XNYS CABLE & OTHER PAY TELEVISION SERVICES

Market Cap

420M

Short interest (May 15)

6.6%

Net Short (Jun 03 ): -1.1%

Borrow Fee

0.76%

↑ 43.7%

Available Shares

800K

↑ 41.5%

Price Chart

Company Overview

Optimum's assets were brought together when Altice Europe acquired US cable companies Suddenlink in 2015 and Cablevision in 2016. The Suddenlink business, which management calls the "West," provides television, internet access, and phone services to roughly 4.5 million US homes and businesses located primarily in smaller markets, with major clusters in Texas, West Virginia, Idaho, Arizona, and Louisiana. The Cablevision portion, dubbed the "East," provides comparable services to about 5.5 million homes and businesses in the New York City metro area. Both regions now operate under the Optimum brand name. Altice Europe spun off Optimum, which includes both the Suddenlink and Cablevision operations, to shareholders in 2018.

Company Info

Exchange: NYSE
Industry: CABLE & OTHER PAY TELEVISION SERVICES
CIK: 0001702780
Asset Type: CS

Market Data

Market Cap: $415,014,387
Employees: 9,500
Status: Active

Short Interest

Current Borrow Fee 0.76%
Range: 0.62% - 1.22%
Available Shares 800K
Range: 650K - 2.1M

Recent Changes

Fee Change: ↑ 138.3%
Available Change: ↓ 82.9%

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Investment Risk

This is not financial advice. All investments carry risk. Do your own research before making investment decisions.

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