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

AGL Energy Limited (OTCMKTS:AGLNF) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 19,300 shares, a drop of 49.7% from the February 13th total of 38,400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 193.0 days.

AGL Energy Price Performance

OTCMKTS:AGLNF opened at $6.48 on Friday. The firm’s fifty day simple moving average is $6.78 and its 200-day simple moving average is $6.93. AGL Energy has a fifty-two week low of $6.40 and a fifty-two week high of $7.70.

About AGL Energy

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.