AGL Energy Limited (OTCMKTS:AGLNF – Get Free Report) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 1,447,419 shares, a drop of 36.2% from the May 31st total of 2,269,732 shares. Based on an average daily volume of 9,089 shares, the short-interest ratio is currently 159.2 days.
AGL Energy Stock Performance
OTCMKTS:AGLNF opened at $5.97 on Thursday. The firm’s 50-day moving average is $6.23 and its 200-day moving average is $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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