Light S.A. (OTCMKTS:LGSXY – Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 126,862 shares, a growth of 2,161.0% from the April 30th total of 5,611 shares. Based on an average daily trading volume, of 28,180 shares, the days-to-cover ratio is presently 4.5 days.
Light Stock Performance
Shares of LGSXY opened at $0.45 on Thursday. Light has a 52 week low of $0.41 and a 52 week high of $1.59. The stock’s 50-day moving average price is $0.88 and its 200-day moving average price is $0.91.
About Light
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 Stories
- Five stocks we like better than Light
- Abercrombie Rallies as Strong Q1 Earnings Extend Winning Streak
- TeraWulf Bets on Power Infrastructure to Lead AI Build-Out
- Amazon’s Alexa for Shopping Strengthens an Already Strong Bull Case
- Keysight: The AI and Defense Stock Seeing Big Price Target Boosts
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.
