Short Interest in Light S.A. (OTCMKTS:LGSXY) Grows By 220.0%

Light S.A. (OTCMKTS:LGSXY) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 1,600 shares, a growth of 220.0% from the March 31st total of 500 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is presently 1.0 days.

Light Price Performance

OTCMKTS:LGSXY opened at $0.99 on Friday. The firm has a 50 day simple moving average of $1.07 and a 200-day simple moving average of $1.17. Light has a 1-year low of $0.48 and a 1-year high of $2.00.

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.