Light S.A. (OTCMKTS:LGSXY – Get Free Report) saw a significant growth in short interest in 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 trading volume, of 1,954 shares, the days-to-cover ratio is presently 1.6 days.
Light Stock Performance
LGSXY stock opened at $0.53 on Wednesday. The firm has a 50 day moving average of $0.65 and a 200-day moving average of $0.81. Light has a 12-month low of $0.39 and a 12-month high of $1.50.
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.
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