AGL Energy Limited (OTCMKTS:AGLNF) Short Interest Update

AGL Energy Limited (OTCMKTS:AGLNF) was the recipient of a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 861,422 shares, a decline of 43.8% from the March 15th total of 1,533,893 shares. Based on an average daily trading volume, of 1,038 shares, the short-interest ratio is presently 829.9 days.

AGL Energy Stock Performance

Shares of AGLNF opened at $6.61 on Monday. AGL Energy has a fifty-two week low of $5.45 and a fifty-two week high of $7.17. The firm’s 50-day simple moving average is $6.62 and its two-hundred day simple moving average is $6.26.

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.