Short Interest in GAIL (India) Limited (OTCMKTS:GAILF) Expands By 100.0%

GAIL (India) Limited (OTCMKTS:GAILFGet Rating) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 3,400 shares, an increase of 100.0% from the August 15th total of 1,700 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 34.0 days.

GAIL (India) Price Performance

GAILF stock opened at $11.07 on Friday. The business’s 50-day moving average is $12.71 and its two-hundred day moving average is $12.95. GAIL has a fifty-two week low of $10.97 and a fifty-two week high of $12.06.

About GAIL (India)

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GAIL (India) Limited operates as a natural gas processing and distribution company in India and internationally. The company operates through Transmission Services, Natural Gas Marketing, Petrochemicals, LPG and Other Liquid Hydrocarbons, and Other segments. It is involved in the transmission and marketing of natural gas to the power, fertilizer, industrial, automotive, petrochemicals, and domestic and commercial sectors.

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