GAIL (India) Limited (OTCMKTS:GAILF) Short Interest Update

GAIL (India) Limited (OTCMKTS:GAILF) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totalling 100 shares, a decline of 93.3% from the June 30th total of 1,500 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is currently 0.1 days.

GAIL (India) Price Performance

GAILF stock remained flat at $16.25 during midday trading on Friday. 6 shares of the company’s stock were exchanged, compared to its average volume of 1,088. The company’s 50-day moving average price is $15.32 and its 200 day moving average price is $13.52. GAIL has a 12 month low of $9.08 and a 12 month 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.