AGL Energy Limited (OTCMKTS:AGLNF) Sees Significant Drop in Short Interest

AGL Energy Limited (OTCMKTS:AGLNF) saw a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 298,900 shares, a drop of 54.2% from the November 15th total of 652,700 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is presently 199.3 days.

AGL Energy Price Performance

OTCMKTS:AGLNF opened at $6.50 on Friday. The stock has a 50 day simple moving average of $7.09 and a 200 day simple moving average of $7.00. AGL Energy has a 1-year low of $6.50 and a 1-year high of $7.70.

About AGL Energy

AGL Energy Limited supplies energy and other essential services to residential, small and large businesses, and wholesale customers in Australia. It operates through three segments: Customer Markets, Integrated Energy, and Investments. The company engages in retailing of electricity, gas, broadband, mobile, voice, solar, and energy products and services; and operates power generation portfolio and other assets including coal, gas and renewable generation, natural gas storage and production, and development projects.