Origin Energy Limited (OTCMKTS:OGFGY) Short Interest Update

Origin Energy Limited (OTCMKTS:OGFGY) was the recipient of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 300 shares, a decrease of 57.1% from the February 13th total of 700 shares. Based on an average daily volume of 900 shares, the short-interest ratio is currently 0.3 days.

Origin Energy Price Performance

OTCMKTS:OGFGY opened at $6.51 on Thursday. The firm has a 50-day moving average of $6.66 and a two-hundred day moving average of $6.59. Origin Energy has a 1-year low of $5.60 and a 1-year high of $7.72.

Origin Energy Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, April 11th. Shareholders of record on Wednesday, March 5th will be given a $0.188 dividend. This is a boost from Origin Energy’s previous dividend of $0.15. The ex-dividend date is Wednesday, March 5th. Origin Energy’s dividend payout ratio is presently 88.17%.

About Origin Energy

Origin Energy Limited, an integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally. The company operates through, Energy Markets, and Integrated Gas segments.