Short Interest in AGL Energy Limited (OTCMKTS:AGLXY) Declines By 14.3%

AGL Energy Limited (OTCMKTS:AGLXY) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 1,200 shares, a drop of 14.3% from the February 28th total of 1,400 shares. Based on an average daily volume of 1,800 shares, the short-interest ratio is presently 0.7 days.

AGL Energy Price Performance

Shares of AGL Energy stock opened at $6.69 on Wednesday. The business has a 50-day moving average price of $6.94 and a 200 day moving average price of $7.25. AGL Energy has a fifty-two week low of $5.46 and a fifty-two week high of $8.45.

AGL Energy Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, April 3rd. Investors of record on Wednesday, February 26th will be given a dividend of $0.1445 per share. This is a positive change from AGL Energy’s previous dividend of $0.14. The ex-dividend date is Wednesday, February 26th.

About AGL Energy

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.