Origin Energy Limited (OTCMKTS:OGFGY) Short Interest Up 383.5% in February

Origin Energy Limited (OTCMKTS:OGFGY) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 851 shares, a growth of 383.5% from the January 29th total of 176 shares. Based on an average daily trading volume, of 431 shares, the days-to-cover ratio is currently 2.0 days. Based on an average daily trading volume, of 431 shares, the days-to-cover ratio is currently 2.0 days.

Origin Energy Stock Performance

Origin Energy stock remained flat at $8.63 during midday trading on Friday. 169 shares of the company’s stock traded hands, compared to its average volume of 494. The business’s 50 day simple moving average is $7.64 and its 200-day simple moving average is $7.88. Origin Energy has a 12-month low of $6.35 and a 12-month high of $8.88.

About Origin Energy

Origin Energy is an Australian integrated energy company with operations spanning natural gas exploration and production, electricity generation and retail energy sales. Headquartered in Sydney, the company develops and produces gas from onshore and offshore fields in Australia, including its stake in the Australia Pacific LNG joint venture. On the generation side, Origin’s portfolio comprises gas-fired power stations as well as investments in renewable energy projects such as wind farms, solar installations and battery storage facilities.

In its retail business, Origin supplies electricity, natural gas and solar products to residential and commercial customers across all Australian states and territories.