Light S.A. (OTCMKTS:LGSXY – Get Free Report) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 3,213 shares, an increase of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 1,954 shares, the short-interest ratio is currently 1.6 days.
Light Price Performance
Light stock opened at $0.53 on Friday. Light has a 12-month low of $0.39 and a 12-month high of $1.50. The firm’s fifty day moving average price is $0.64 and its 200 day moving average price is $0.80.
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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