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

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

AGL Energy Stock Performance

Shares of AGLXY stock opened at $7.53 on Friday. The company has a fifty day moving average price of $7.61 and a two-hundred day moving average price of $7.30. AGL Energy has a one year low of $4.97 and a one year high of $8.45.

AGL Energy Company Profile

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.