AGL Energy Limited (OTCMKTS:AGLXY) Sees Large Drop in Short Interest

AGL Energy Limited (OTCMKTS:AGLXY) was the target of a large drop in short interest in December. As of December 31st, there was short interest totalling 900 shares, a drop of 64.0% from the December 15th total of 2,500 shares. Based on an average trading volume of 2,800 shares, the short-interest ratio is currently 0.3 days.

AGL Energy Stock Up 3.4 %

Shares of AGLXY stock opened at $7.25 on Wednesday. The stock’s 50-day moving average is $7.09 and its two-hundred day moving average is $7.35. AGL Energy has a 1 year low of $4.97 and a 1 year high of $8.45.

About AGL Energy

AGL Energy Limited engages in the supply of energy and other essential services to residential, business, and wholesale customers in Australia. The company operates through three segments: Customer Markets, Integrated Energy, and Investments. It engages in the retail of electricity and gas; retail of broadband, mobile, and voice services; and provision of solar and energy products and services.