Short Interest in AGL Energy Limited (OTCMKTS:AGLNF) Drops By 20.7%

AGL Energy Limited (OTCMKTS:AGLNF) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totalling 512,100 shares, a decrease of 20.7% from the June 30th total of 645,700 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 2,560.5 days.

AGL Energy Stock Performance

AGLNF opened at $7.05 on Tuesday. AGL Energy has a one year low of $5.35 and a one year high of $8.27. The business’s 50-day simple moving average is $6.84 and its 200-day simple moving average is $6.15.

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.