Origin Energy Limited (OTCMKTS:OGFGY – Get Free Report) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 1,753 shares, a decline of 77.0% from the June 30th total of 7,623 shares. Based on an average daily volume of 15,967 shares, the short-interest ratio is presently 0.1 days.
Origin Energy Price Performance
OTCMKTS OGFGY traded up $0.10 on Monday, reaching $7.36. The company had a trading volume of 2,341 shares, compared to its average volume of 19,908. The company’s fifty day moving average is $7.65 and its 200-day moving average is $8.05. Origin Energy has a 1-year low of $7.07 and a 1-year high of $9.70.
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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