AGL Energy Limited (OTCMKTS:AGLNF – Get Free Report) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 1,447,419 shares, a decrease of 36.2% from the May 31st total of 2,269,732 shares. Based on an average daily trading volume, of 9,089 shares, the days-to-cover ratio is currently 159.2 days.
AGL Energy Stock Down 4.5%
OTCMKTS:AGLNF opened at $5.97 on Thursday. The company has a 50-day moving average of $6.23 and a 200-day moving average of $6.36. AGL Energy has a 52 week low of $5.45 and a 52 week high of $7.17.
About AGL Energy
AGL Energy, originally founded in 1837 as the Australian Gas Light Company, is one of Australia’s longest-standing energy enterprises. Today, the company operates as an integrated energy provider, offering electricity and natural gas to residential, commercial and industrial customers across New South Wales, Victoria, South Australia, Queensland and the Australian Capital Territory.
Alongside its retail supply business, AGL manages a diverse portfolio of electricity generation assets. Historically, this has included coal-fired power stations such as Loy Yang and Bayswater, complemented by a growing array of wind, solar and hydroelectric projects.
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