AGL Energy Limited (OTCMKTS:AGLXY) Sees Significant Increase in Short Interest

AGL Energy Limited (OTCMKTS:AGLXY) saw a significant increase in short interest during the month of May. As of May 28th, there was short interest totalling 11,900 shares, an increase of 750.0% from the May 13th total of 1,400 shares. Based on an average daily volume of 8,800 shares, the days-to-cover ratio is currently 1.4 days.

Shares of AGL Energy stock traded down $0.15 during trading on Friday, hitting $6.95. The company’s stock had a trading volume of 1,574 shares, compared to its average volume of 9,403. AGL Energy has a 52 week low of $6.26 and a 52 week high of $12.83. The firm’s 50-day moving average is $6.93.

About AGL Energy

AGL Energy Limited provides energy and other services to residential, small and large business, and wholesale customers in Australia. It operates in four segments: Wholesale Markets, Customer Markets, Group Operations, and Investments. The company engages in generating electricity through thermal, hydro, wind, and solar power generation plants; gas storage activities; and the retail sale of electricity, gas, solar, and energy products and services.

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