Short Interest in AGL Energy Limited (OTCMKTS:AGLXY) Increases By 138.6%

AGL Energy Limited (OTCMKTS:AGLXY) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 4,054 shares, an increase of 138.6% from the April 30th total of 1,699 shares. Based on an average daily trading volume, of 1,341 shares, the days-to-cover ratio is currently 3.0 days.

AGL Energy Trading Up 0.1%

Shares of AGLXY opened at $6.29 on Tuesday. AGL Energy has a one year low of $5.21 and a one year high of $7.57. The company has a 50-day moving average of $6.81 and a two-hundred day moving average of $6.53.

AGL Energy Company Profile

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.