Short Interest in GAIL (India) Limited (OTCMKTS:GAILF) Grows By 800.0%

GAIL (India) Limited (OTCMKTS:GAILF) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 900 shares, a growth of 800.0% from the August 15th total of 100 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 9.0 days.

GAIL (India) Stock Performance

Shares of OTCMKTS:GAILF opened at $15.28 on Friday. GAIL has a 1 year low of $9.08 and a 1 year high of $18.44. The stock’s 50-day moving average is $16.06 and its 200 day moving average is $14.86.

GAIL (India) Company Profile

GAIL (India) Limited operates as a natural gas processing and distribution company in India and internationally. The company operates through Transmission Services, Natural Gas Marketing, Petrochemicals, LPG and Other Liquid Hydrocarbons, and Other segments. It is involved in the transmission and marketing of natural gas to the power, fertilizer, industrial, automotive, petrochemicals, and domestic and commercial sectors.