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

AGL Energy Limited (OTCMKTS:AGLXYGet Free Report) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 1,659 shares, an increase of ∞ from the August 15th total of 0 shares. Based on an average daily trading volume, of 1,296 shares, the days-to-cover ratio is currently 1.3 days.

AGL Energy Stock Down 1.2%

OTCMKTS:AGLXY opened at $6.09 on Thursday. AGL Energy has a 52-week low of $5.54 and a 52-week high of $7.57. The stock has a fifty day simple moving average of $6.06 and a 200-day simple moving average of $6.39.

AGL Energy Company Profile

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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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