AGL Energy Limited (OTCMKTS:AGLXY – Get Free Report) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 25 shares, a decline of 98.8% from the May 31st total of 2,078 shares. Based on an average daily trading volume, of 4,573 shares, the days-to-cover ratio is currently 0.0 days.
AGL Energy Stock Down 3.5%
AGL Energy stock opened at $5.89 on Friday. AGL Energy has a fifty-two week low of $5.21 and a fifty-two week high of $7.57. The stock’s 50 day simple moving average is $6.51 and its two-hundred day simple moving average is $6.54.
About AGL Energy
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.
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