Origin Energy Limited (OTCMKTS:OGFGY) Short Interest Up 4,812.9% in March

Origin Energy Limited (OTCMKTS:OGFGY) saw a large increase in short interest in March. As of March 31st, there was short interest totaling 4,176 shares, an increase of 4,812.9% from the March 15th total of 85 shares. Based on an average trading volume of 119,102 shares, the days-to-cover ratio is currently 0.0 days.

Origin Energy Stock Up 2.0%

Shares of OGFGY stock traded up $0.18 during trading on Friday, reaching $8.94. The company had a trading volume of 5,649 shares, compared to its average volume of 29,834. The firm’s 50 day simple moving average is $8.30 and its two-hundred day simple moving average is $7.94. Origin Energy has a one year low of $6.52 and a one year high of $9.40.

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.