Light S.A. (OTCMKTS:LGSXY – Get Free Report) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 3,213 shares, a growth 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
Shares of Light stock remained flat at $0.53 on Thursday. The stock had a trading volume of 83 shares, compared to its average volume of 5,569. Light has a 12-month low of $0.39 and a 12-month high of $1.50. The stock’s 50-day simple moving average is $0.65 and its 200 day simple moving average 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.
Featured Articles
- Five stocks we like better than Light
- Shorting the Grid: Bloom Energy’s $25B AI Power Play
- SanDisk’s Volatility May Be Telling Bulls What They Want to Hear
- Meta’s AI Compute Push Could Turn Its Massive CapEx Bill Into a Competitive Weapon
- 3 Dividend ETFs Built for Stability in a Volatile Market
Receive News & Ratings for Light Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Light and related companies with MarketBeat.com's FREE daily email newsletter.
