AGL Energy Limited (OTCMKTS:AGLNF) Short Interest Update

AGL Energy Limited (OTCMKTS:AGLNF) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 1,533,893 shares, a growth of 37.4% from the February 26th total of 1,116,298 shares. Based on an average trading volume of 6,028 shares, the short-interest ratio is currently 254.5 days.

AGL Energy Stock Performance

AGLNF opened at $6.61 on Friday. AGL Energy has a one year low of $5.45 and a one year high of $7.17. The business’s 50-day simple moving average is $6.52 and its 200-day simple moving average is $6.20.

Analyst Ratings Changes

Separately, Royal Bank Of Canada upgraded shares of AGL Energy from a “sector perform” rating to an “outperform” rating in a report on Wednesday, December 3rd. Two analysts have rated the stock with a Buy rating, According to MarketBeat, AGL Energy presently has a consensus rating of “Buy”.

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.