Short Interest in GAIL (India) Limited (OTCMKTS:GAILF) Increases By 1,400.0%

GAIL (India) Limited (OTCMKTS:GAILF) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 1,500 shares, an increase of 1,400.0% from the June 15th total of 100 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 3.8 days.

GAIL (India) Stock Performance

Shares of OTCMKTS:GAILF remained flat at $16.51 during trading on Thursday. The company’s 50-day moving average price is $15.05 and its 200-day moving average price is $13.02. GAIL has a one year low of $9.08 and a one 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.