Origin Energy Limited (OTCMKTS:OGFGY – Get Free Report) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 725 shares, a decrease of 80.2% from the May 31st total of 3,665 shares. Based on an average daily trading volume, of 16,395 shares, the days-to-cover ratio is presently 0.0 days.
Origin Energy Trading Down 1.0%
OGFGY traded down $0.08 during trading on Friday, hitting $7.58. 6,631 shares of the stock traded hands, compared to its average volume of 23,273. Origin Energy has a 12-month low of $7.09 and a 12-month high of $9.70. The firm has a 50-day moving average of $8.23 and a 200 day moving average of $8.07.
Origin Energy Company Profile
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.
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