Light S.A. (OTCMKTS:LGSXY) Short Interest Update

Light S.A. (OTCMKTS:LGSXY) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 1,700 shares, a growth of 750.0% from the March 15th total of 200 shares. Based on an average daily trading volume, of 5,600 shares, the short-interest ratio is presently 0.3 days.

Light Stock Performance

Light stock traded up $0.02 during trading hours on Monday, hitting $0.71. 13,786 shares of the stock traded hands, compared to its average volume of 18,148. Light has a one year low of $0.56 and a one year high of $1.56. The firm’s 50-day moving average price is $0.75 and its two-hundred day moving average price is $0.82.

Light Company Profile

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.