AGL Energy Limited (OTCMKTS:AGLNF – Get Free Report) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 1,447,419 shares, a decrease of 36.2% from the May 31st total of 2,269,732 shares. Based on an average trading volume of 9,089 shares, the short-interest ratio is currently 159.2 days.
AGL Energy Price Performance
Shares of AGL Energy stock opened at $5.97 on Friday. The firm has a fifty day moving average price of $6.22 and a 200 day moving average price of $6.36. AGL Energy has a 1 year low of $5.45 and a 1 year high of $7.17.
About AGL Energy
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.
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