Origin Energy Limited (OTCMKTS:OGFGY – Get Free Report) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 4,694 shares, an increase of 175.0% from the April 15th total of 1,707 shares. Based on an average daily volume of 16,545 shares, the days-to-cover ratio is currently 0.3 days.
Origin Energy Stock Performance
Shares of OGFGY opened at $8.64 on Friday. Origin Energy has a 12 month low of $6.52 and a 12 month high of $9.70. The firm has a fifty day simple moving average of $8.68 and a 200 day simple moving average of $8.03.
About Origin Energy
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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