Short Interest in GAIL (India) Limited (OTCMKTS:GAILF) Expands By 300.0%

GAIL (India) Limited (OTCMKTS:GAILF) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totalling 400 shares, a growth of 300.0% from the July 15th total of 100 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 4.0 days.

GAIL (India) Stock Performance

Shares of GAILF remained flat at $16.25 during midday trading on Tuesday. The business has a 50-day moving average of $16.05 and a 200-day moving average of $14.12. GAIL has a 52-week low of $9.08 and a 52-week high of $18.44.

About GAIL (India)

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.