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

Light S.A. (OTCMKTS:LGSXY) was the recipient of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 200 shares, a drop of 98.9% from the February 28th total of 17,500 shares. Based on an average daily volume of 102,400 shares, the days-to-cover ratio is currently 0.0 days.

Light Price Performance

Shares of OTCMKTS LGSXY traded down $0.01 during trading on Thursday, hitting $0.89. 25,814 shares of the company were exchanged, compared to its average volume of 19,815. Light has a 1 year low of $0.56 and a 1 year high of $1.56. The firm’s fifty day moving average price is $0.73 and its 200 day moving average price is $0.87.

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.