Short Interest in AGL Energy Limited (OTCMKTS:AGLXY) Grows By 350.0%

AGL Energy Limited (OTCMKTS:AGLXY) saw a large growth in short interest in August. As of August 31st, there was short interest totalling 900 shares, a growth of 350.0% from the August 15th total of 200 shares. Based on an average daily volume of 8,600 shares, the short-interest ratio is currently 0.1 days.

AGL Energy Stock Performance

Shares of OTCMKTS AGLXY opened at $7.10 on Thursday. AGL Energy has a one year low of $3.98 and a one year high of $8.20. The company’s fifty day moving average is $7.38 and its two-hundred day moving average is $6.34.

AGL Energy Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 24th will be given a dividend of $0.107 per share. This is a positive change from AGL Energy’s previous dividend of $0.04. The ex-dividend date is Wednesday, August 23rd.

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.