Light S.A. (OTCMKTS:LGSXY) Sees Large Increase in Short Interest

Light S.A. (OTCMKTS:LGSXY) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 1,600 shares, a growth of 220.0% from the March 31st total of 500 shares. Based on an average trading volume of 1,600 shares, the short-interest ratio is currently 1.0 days.

Light Stock Performance

Light stock opened at $1.04 on Friday. Light has a 1 year low of $0.44 and a 1 year high of $2.00. The firm has a 50 day moving average price of $1.07 and a 200 day moving average price of $1.17.

About Light

Light SA, together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electric power in Brazil. The company distributes electricity in the state of Rio de Janeiro. It also engages in the research, planning, building, operation, and exploration of generation and transmission systems; purchase, sale, import, and export of electric and thermal power, and gas and industrial utilities; provision of consulting services in the energy sector; lease of real estate and personal properties; acquisition and sale of goods related to the studies and projects; implementation, operation, and maintenance of construction works and facilities; and trading activities.