Light S.A. (OTCMKTS:LGSXY) Short Interest Update

Light S.A. (OTCMKTS:LGSXY) was the recipient of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 54 shares, a decline of 70.8% from the July 30th total of 185 shares. Based on an average daily trading volume, of 1,847 shares, the short-interest ratio is currently 0.0 days.

Light Trading Down 28.7%

OTCMKTS LGSXY traded down $0.47 during trading on Friday, reaching $1.17. 11,173 shares of the company’s stock were exchanged, compared to its average volume of 19,451. Light has a fifty-two week low of $0.01 and a fifty-two week high of $4.00. The company’s fifty day simple moving average is $0.96 and its 200-day simple moving average is $0.85.

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.