Short Interest in Origin Energy Limited (OTCMKTS:OGFGY) Drops By 90.2%

Origin Energy Limited (OTCMKTS:OGFGY) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 85 shares, a drop of 90.2% from the February 26th total of 871 shares. Based on an average daily volume of 8,721 shares, the short-interest ratio is currently 0.0 days.

Origin Energy Price Performance

Shares of OTCMKTS OGFGY opened at $8.99 on Thursday. The business’s 50 day moving average is $8.02 and its two-hundred day moving average is $7.90. Origin Energy has a 52-week low of $6.52 and a 52-week high of $9.04.

Origin Energy Company Profile

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.