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

AGL Energy Limited (OTCMKTS:AGLXY) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 700 shares, a decrease of 58.8% from the October 31st total of 1,700 shares. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is presently 0.4 days.

AGL Energy Price Performance

OTCMKTS:AGLXY traded up $0.30 on Friday, reaching $7.53. The company’s stock had a trading volume of 331 shares, compared to its average volume of 1,708. AGL Energy has a 12-month low of $4.97 and a 12-month high of $8.45. The stock has a 50 day moving average price of $7.62 and a 200 day moving average price of $7.30.

About AGL Energy

AGL Energy Limited engages in the supply of energy and other essential services to residential, business, and wholesale customers in Australia. The company operates through three segments: Customer Markets, Integrated Energy, and Investments. It engages in the retail of electricity and gas; retail of broadband, mobile, and voice services; and provision of solar and energy products and services.