Short Interest in Light S.A. (OTCMKTS:LGSXY) Decreases By 88.6%

Light S.A. (OTCMKTS:LGSXY) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 400 shares, a decrease of 88.6% from the May 31st total of 3,500 shares. Based on an average trading volume of 89,500 shares, the short-interest ratio is presently 0.0 days.

Light Stock Performance

Shares of OTCMKTS:LGSXY traded down $0.03 during trading on Friday, hitting $0.82. 137,044 shares of the company’s stock were exchanged, compared to its average volume of 13,722. The business’s 50-day simple moving average is $0.97 and its 200 day simple moving average is $1.10. Light has a 52-week low of $0.82 and a 52-week high of $2.00.

Light Company Profile

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.