AGL Energy Limited (OTCMKTS:AGLNF) Short Interest Down 37.3% in May

AGL Energy Limited (OTCMKTS:AGLNFGet Rating) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totalling 41,600 shares, a decline of 37.3% from the April 30th total of 66,300 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 138.7 days.

Separately, JPMorgan Chase & Co. downgraded shares of AGL Energy from an “overweight” rating to a “neutral” rating in a research note on Monday, May 9th.

Shares of OTCMKTS:AGLNF opened at $6.39 on Friday. AGL Energy has a one year low of $3.72 and a one year high of $6.39. The company has a 50 day moving average of $5.95 and a 200-day moving average of $5.14.

AGL Energy Company Profile (Get Rating)

AGL Energy Limited supplies energy and other services to residential, small and large businesses, and wholesale customers in Australia. It operates in three segments: Customer Markets, Integrated Energy, and Investments. The company engages in generating electricity through thermal, hydro, wind, and solar power generation plants; gas storage activities; and the retail sale of electricity, gas, solar, and energy products and services.

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