AGL Energy Limited (OTCMKTS:AGLXY) Sees Large Drop in Short Interest

AGL Energy Limited (OTCMKTS:AGLXY – Get Free Report) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 851 shares, a decline of 92.2% from the September 30th total of 10,936 shares. Based on an average daily trading volume, of 1,754 shares, the short-interest ratio is presently 0.5 days.

AGL Energy Stock Performance

AGL Energy stock traded up $0.25 during mid-day trading on Monday, hitting $6.55. 459 shares of the company were exchanged, compared to its average volume of 1,779. AGL Energy has a 1-year low of $5.54 and a 1-year high of $7.57. The business has a fifty day moving average of $6.07 and a 200 day moving average of $6.22.

About AGL Energy

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AGL Energy Limited is an Australian integrated energy company involved in electricity generation, energy retailing, gas supply and the development of renewable and firming infrastructure. Its generation portfolio includes thermal power stations, hydroelectric facilities, wind farms and other renewable assets, as well as battery storage and related energy technologies.

The company supplies electricity, gas and energy services to residential, business and industrial customers across Australia.

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