Origin Energy Limited (OTCMKTS:OGFGY) Short Interest Up 75.0% in February

Origin Energy Limited (OTCMKTS:OGFGY) was the target of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 700 shares, a growth of 75.0% from the January 31st total of 400 shares. Based on an average daily volume of 600 shares, the short-interest ratio is currently 1.2 days.

Origin Energy Stock Performance

Shares of OTCMKTS OGFGY opened at $6.60 on Tuesday. The company has a 50 day simple moving average of $6.68 and a two-hundred day simple moving average of $6.58. Origin Energy has a 12 month low of $5.60 and a 12 month high of $7.72.

Origin Energy Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, April 11th. Investors of record on Wednesday, March 5th will be issued a $0.188 dividend. This is an increase from Origin Energy’s previous dividend of $0.15. The ex-dividend date is Wednesday, March 5th. Origin Energy’s dividend payout ratio is currently 88.17%.

About Origin Energy

Origin Energy Limited, an integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally. The company operates through, Energy Markets, and Integrated Gas segments.