AGL Energy Limited (OTCMKTS:AGLNF – Get Free Report) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 2,524,387 shares, an increase of 156.8% from the April 30th total of 983,155 shares. Based on an average daily volume of 6,077 shares, the short-interest ratio is currently 415.4 days.
AGL Energy Stock Performance
OTCMKTS:AGLNF opened at $6.00 on Monday. The company’s 50-day moving average is $6.50 and its two-hundred day moving average is $6.37. AGL Energy has a 12-month low of $5.45 and a 12-month 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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