Short Interest in GAIL (India) Limited (OTCMKTS:GAILF) Rises By 77.8%

GAIL (India) Limited (OTCMKTS:GAILF) was the target of a large growth in short interest in September. As of September 15th, there was short interest totalling 1,600 shares, a growth of 77.8% from the August 31st total of 900 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

GAIL (India) Price Performance

GAILF remained flat at $15.28 during trading on Friday. GAIL has a twelve month low of $9.08 and a twelve month high of $18.44. The business has a 50 day moving average of $15.84 and a 200 day moving average of $15.10.

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.