AGL Energy Limited (OTCMKTS:AGLNF) Short Interest Up 69.7% in August

AGL Energy Limited (OTCMKTS:AGLNF) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,749,746 shares, an increase of 69.7% from the August 15th total of 1,620,403 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

AGL Energy Price Performance

Shares of AGL Energy stock opened at $5.95 on Wednesday. The stock’s fifty day moving average is $5.79 and its two-hundred day moving average is $6.18. AGL Energy has a 52 week low of $5.21 and a 52 week high of $7.17.

AGL Energy Company Profile

AGL Energy, originally founded in 1837 as the Australian Gas Light Company, is one of Australia’s longest-standing energy enterprises. Today, the company operates as an integrated energy provider, offering electricity and natural gas to residential, commercial and industrial customers across New South Wales, Victoria, South Australia, Queensland and the Australian Capital Territory.

Alongside its retail supply business, AGL manages a diverse portfolio of electricity generation assets. Historically, this has included coal-fired power stations such as Loy Yang and Bayswater, complemented by a growing array of wind, solar and hydroelectric projects.