AGL Energy Limited (OTCMKTS:AGLNF) Short Interest Up 38.8% in July

AGL Energy Limited (OTCMKTS:AGLNF) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 114,100 shares, anincreaseof38.8% from the July 15th total of 82,200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,141.0 days. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,141.0 days.

AGL Energy Price Performance

OTCMKTS AGLNF opened at $5.6750 on Thursday. The stock has a 50-day moving average of $6.42 and a 200 day moving average of $6.49. AGL Energy has a twelve month low of $5.6750 and a twelve month high of $7.70.

Wall Street Analyst Weigh In

Several research firms have commented on AGLNF. Royal Bank Of Canada lowered shares of AGL Energy from an “outperform” rating to a “sector perform” rating in a report on Wednesday, August 13th. The Goldman Sachs Group upgraded AGL Energy from a “neutral” rating to a “buy” rating in a research note on Wednesday, August 13th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, AGL Energy currently has an average rating of “Moderate Buy”.

AGL Energy Company Profile

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.