Short Interest in AGL Energy Limited (OTCMKTS:AGLXY) Declines By 98.8%

AGL Energy Limited (OTCMKTS:AGLXY) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 25 shares, a drop of 98.8% from the May 31st total of 2,078 shares. Based on an average daily volume of 4,573 shares, the short-interest ratio is currently 0.0 days.

AGL Energy Stock Up 0.8%

OTCMKTS:AGLXY traded up $0.05 during trading hours on Thursday, reaching $6.10. 289 shares of the stock were exchanged, compared to its average volume of 1,160. AGL Energy has a twelve month low of $5.21 and a twelve month high of $7.57. The business has a 50-day moving average of $6.55 and a two-hundred day moving average of $6.55.

About AGL Energy

AGL Energy is one of Australia’s leading integrated energy companies, engaged in the generation, distribution and retailing of electricity and gas to residential, commercial and industrial customers. The company operates a diversified portfolio of power generation assets, including coal-fired and gas-fired stations as well as a growing suite of renewable energy projects, such as wind and solar farms. In addition to traditional energy supply, AGL provides energy management services, rooftop solar installations and battery storage solutions aimed at helping customers manage usage and reduce costs.

Founded in 1837 as the Australian Gas Light Company—the first gas undertaking in Sydney—AGL has evolved over nearly two centuries into a diversified energy business.