GAIL (India) Limited (OTCMKTS:GAILF) Sees Large Growth in Short Interest

GAIL (India) Limited (OTCMKTS:GAILF) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 1,600 shares, a growth of 1,500.0% from the March 31st total of 100 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is presently 3.2 days.

GAIL (India) Stock Performance

OTCMKTS:GAILF opened at $15.25 on Friday. The stock’s fifty day moving average is $12.98 and its 200 day moving average is $10.79. GAIL has a fifty-two week low of $7.93 and a fifty-two week high of $16.00.

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.