Origin Energy Limited (OTCMKTS:OGFGY – Get Free Report) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 4,694 shares, an increase of 175.0% from the April 15th total of 1,707 shares. Based on an average daily trading volume, of 16,545 shares, the days-to-cover ratio is currently 0.3 days.
Origin Energy Stock Down 4.2%
OGFGY traded down $0.36 during trading on Friday, reaching $8.28. The company had a trading volume of 22,363 shares, compared to its average volume of 19,209. The business has a 50 day simple moving average of $8.68 and a 200-day simple moving average of $8.03. Origin Energy has a 52 week low of $6.52 and a 52 week high of $9.70.
About Origin Energy
Origin Energy is an Australian integrated energy company with operations spanning natural gas exploration and production, electricity generation and retail energy sales. Headquartered in Sydney, the company develops and produces gas from onshore and offshore fields in Australia, including its stake in the Australia Pacific LNG joint venture. On the generation side, Origin’s portfolio comprises gas-fired power stations as well as investments in renewable energy projects such as wind farms, solar installations and battery storage facilities.
In its retail business, Origin supplies electricity, natural gas and solar products to residential and commercial customers across all Australian states and territories.
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