Light S.A. (OTCMKTS:LGSXY) Sees Significant Decline in Short Interest

Light S.A. (OTCMKTS:LGSXY) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 200 shares, a decline of 98.9% from the February 28th total of 17,500 shares. Based on an average daily volume of 102,400 shares, the short-interest ratio is currently 0.0 days.

Light Price Performance

Light stock traded down $0.01 during trading on Thursday, reaching $0.89. The company had a trading volume of 25,814 shares, compared to its average volume of 19,815. The stock’s 50 day moving average price is $0.73 and its two-hundred day moving average price is $0.87. Light has a 12-month low of $0.56 and a 12-month high of $1.56.

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.