Origin Energy Limited (OTCMKTS:OGFGY) Short Interest Update

Origin Energy Limited (OTCMKTS:OGFGY) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 1,753 shares, a drop of 77.0% from the June 30th total of 7,623 shares. Based on an average trading volume of 15,967 shares, the days-to-cover ratio is presently 0.1 days.

Origin Energy Stock Performance

Shares of OTCMKTS:OGFGY opened at $7.25 on Friday. The business has a 50-day moving average of $7.65 and a two-hundred day moving average of $8.05. Origin Energy has a 12 month low of $7.07 and a 12 month high of $9.70.

More Origin Energy News

Here are the key news stories impacting Origin Energy this week:

• Neutral Sentiment: Origin Energy said a security incident led to unauthorized access and disclosure of some customer data, and multiple reports say the investigation is still ongoing. Australia’s Origin Energy confirms customer data breach
• Neutral Sentiment: Coverage suggests the breach may have involved sensitive details such as bank or credit card information, which could increase the potential severity of the incident. Bank, credit cards details caught up in Origin breach
• Neutral Sentiment: Analyst and consumer-advice articles are focused on how customers can protect themselves after the hack, reinforcing the seriousness of the event but not adding new company-specific facts. How to protect yourself after Origin hack
• Neutral Sentiment: Short interest in Origin Energy fell sharply in July, which can reduce bearish pressure on the stock, though this appears secondary to the data-breach headlines.

Origin Energy Company Profile

Origin Energy is an Australian integrated energy company with operations spanning natural gas exploration and production, electricity generation and retail energy sales. Headquartered in Sydney, the company develops and produces gas from onshore and offshore fields in Australia, including its stake in the Australia Pacific LNG joint venture. On the generation side, Origin’s portfolio comprises gas-fired power stations as well as investments in renewable energy projects such as wind farms, solar installations and battery storage facilities.

In its retail business, Origin supplies electricity, natural gas and solar products to residential and commercial customers across all Australian states and territories.