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

Light S.A. (OTCMKTS:LGSXY) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 17,800 shares, an increase of 182.5% from the January 31st total of 6,300 shares. Based on an average daily volume of 27,800 shares, the short-interest ratio is presently 0.6 days.

Light Stock Down 1.5 %

LGSXY stock traded down $0.01 during trading on Friday, hitting $0.65. 555 shares of the company’s stock traded hands, compared to its average volume of 6,554. Light has a 52 week low of $0.56 and a 52 week high of $1.56. The stock has a fifty day moving average price of $0.71 and a two-hundred day moving average price of $0.92.

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.