Light S.A. (OTCMKTS:LGSXY – Get Free Report) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 1,158 shares, an increase of 2,044.4% from the August 15th total of 54 shares. Based on an average daily volume of 6,166 shares, the short-interest ratio is currently 0.2 days.
Light Price Performance
OTCMKTS:LGSXY opened at $1.26 on Friday. Light has a 1-year low of $0.01 and a 1-year high of $4.00. The company has a 50-day moving average of $1.10 and a 200 day moving average of $0.88.
Light Company Profile
Light SA, trading over-the-counter as LGSXY, is a Brazil-based integrated electric utility primarily active in the state of Rio de Janeiro. The company holds long-term distribution concessions covering dozens of municipalities, supplying power to millions of residential, commercial and industrial customers. Headquartered in Rio de Janeiro city, Light maintains a network of high- and medium-voltage lines, substations and metering infrastructure to ensure reliable service across its concession area.
In addition to its core distribution business, Light develops and operates a portfolio of hydroelectric generation assets located in southeastern Brazil.
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