Short Interest in Light S.A. (OTCMKTS:LGSXY) Drops By 88.6%

Light S.A. (OTCMKTS:LGSXY) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 400 shares, a decrease of 88.6% from the May 31st total of 3,500 shares. Based on an average daily trading volume, of 89,500 shares, the short-interest ratio is presently 0.0 days.

Light Stock Down 3.7 %

Shares of OTCMKTS LGSXY traded down $0.03 during trading hours on Friday, hitting $0.82. The company’s stock had a trading volume of 137,044 shares, compared to its average volume of 13,722. Light has a 12 month low of $0.82 and a 12 month high of $2.00. The business has a 50-day simple moving average of $0.97 and a 200-day simple moving average of $1.10.

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.