AGL Energy Limited (OTCMKTS:AGLXY) Sees Large Increase in Short Interest

AGL Energy Limited (OTCMKTS:AGLXY) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 29 shares, a growth of ∞ from the June 30th total of 0 shares. Based on an average daily volume of 1,018 shares, the days-to-cover ratio is currently 0.0 days.

AGL Energy Price Performance

Shares of AGLXY stock opened at $5.79 on Friday. AGL Energy has a 12-month low of $5.21 and a 12-month high of $7.57. The firm has a 50-day moving average price of $6.01 and a 200 day moving average price of $6.47.

About AGL Energy

AGL Energy is one of Australia’s leading integrated energy companies, engaged in the generation, distribution and retailing of electricity and gas to residential, commercial and industrial customers. The company operates a diversified portfolio of power generation assets, including coal-fired and gas-fired stations as well as a growing suite of renewable energy projects, such as wind and solar farms. In addition to traditional energy supply, AGL provides energy management services, rooftop solar installations and battery storage solutions aimed at helping customers manage usage and reduce costs.

Founded in 1837 as the Australian Gas Light Company—the first gas undertaking in Sydney—AGL has evolved over nearly two centuries into a diversified energy business.