AGL Energy Limited (OTCMKTS:AGLNF) Sees Large Decline in Short Interest

AGL Energy Limited (OTCMKTS:AGLNF) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 44,000 shares, a decline of 16.3% from the December 31st total of 52,600 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is presently 36.7 days.

AGL Energy Price Performance

Shares of AGLNF opened at $6.85 on Friday. The business’s 50 day moving average is $6.91 and its two-hundred day moving average is $7.00. AGL Energy has a 52-week low of $6.40 and a 52-week high of $7.70.

AGL Energy Company Profile

AGL Energy Limited supplies energy and other essential services to residential, small and large businesses, and wholesale customers in Australia. It operates through three segments: Customer Markets, Integrated Energy, and Investments. The company engages in retailing of electricity, gas, broadband, mobile, voice, solar, and energy products and services; and operates power generation portfolio and other assets including coal, gas and renewable generation, natural gas storage and production, and development projects.