AGL Energy Limited (OTCMKTS:AGLNF) Sees Large Decrease in Short Interest

AGL Energy Limited (OTCMKTS:AGLNF) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 656,500 shares, a decline of 9.0% from the May 31st total of 721,800 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 6,565.0 days.

AGL Energy Price Performance

Shares of AGLNF stock opened at $6.85 on Tuesday. The business has a 50-day moving average price of $6.53 and a two-hundred day moving average price of $6.06. AGL Energy has a 12-month low of $5.35 and a 12-month high of $8.27.

AGL Energy Company Profile

AGL Energy Limited supplies energy and other essential services to residential, small and large businesses, and wholesale customers in Australia. It operates through three segments: Customer Markets, Integrated Energy, and Investments. The company engages in retailing of electricity, gas, broadband, mobile, voice, solar, and energy products and services; and operates power generation portfolio and other assets including coal, gas and renewable generation, natural gas storage and production, and development projects.