Origin Energy Limited (OTCMKTS:OGFGY) Short Interest Update

Origin Energy Limited (OTCMKTS:OGFGY) was the target of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 300 shares, a decline of 57.1% from the February 13th total of 700 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is currently 0.3 days.

Origin Energy Trading Down 1.4 %

Shares of OTCMKTS OGFGY opened at $6.51 on Thursday. Origin Energy has a twelve month low of $5.60 and a twelve month high of $7.72. The business has a 50 day simple moving average of $6.66 and a 200-day simple moving average of $6.59.

Origin Energy Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, April 11th. Stockholders of record on Wednesday, March 5th will be issued a $0.188 dividend. This is an increase from Origin Energy’s previous dividend of $0.15. The ex-dividend date is Wednesday, March 5th. Origin Energy’s payout ratio is 88.17%.

About Origin Energy

Origin Energy Limited, an integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally. The company operates through, Energy Markets, and Integrated Gas segments.