Origin Energy Limited (OTCMKTS:OGFGY) Sees Large Increase in Short Interest

Origin Energy Limited (OTCMKTS:OGFGY) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 165 shares, an increase of 26.9% from the December 31st total of 130 shares. Based on an average daily volume of 55 shares, the short-interest ratio is presently 3.0 days. Based on an average daily volume of 55 shares, the short-interest ratio is presently 3.0 days.

Origin Energy Stock Performance

OTCMKTS:OGFGY opened at $7.40 on Tuesday. Origin Energy has a 52-week low of $6.25 and a 52-week high of $8.88. The business’s fifty day moving average is $7.46 and its 200 day moving average is $7.85.

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.