Short Interest in AGL Energy Limited (OTCMKTS:AGLXY) Drops By 14.3%

AGL Energy Limited (OTCMKTS:AGLXYGet Free Report) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 1,200 shares, a drop of 14.3% from the February 28th total of 1,400 shares. Based on an average trading volume of 1,800 shares, the days-to-cover ratio is currently 0.7 days.

AGL Energy Trading Down 1.7 %

AGLXY opened at $6.69 on Wednesday. The firm’s 50 day moving average is $6.94 and its 200-day moving average is $7.25. AGL Energy has a 52-week low of $5.46 and a 52-week high of $8.45.

AGL Energy Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Wednesday, February 26th will be issued a $0.1445 dividend. The ex-dividend date of this dividend is Wednesday, February 26th. This is a positive change from AGL Energy’s previous dividend of $0.14.

AGL Energy Company Profile

(Get Free Report)

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.

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