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

GAIL (India) Limited (OTCMKTS:GAILF) saw a significant 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 days-to-cover ratio is currently 9.0 days.

GAIL (India) Price Performance

GAILF stock opened at $15.28 on Friday. The firm has a 50-day moving average of $16.06 and a 200 day moving average of $14.86. GAIL has a 1 year low of $9.08 and a 1 year 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.