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

Origin Energy Limited (OTCMKTS:OGFGY) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 700 shares, an increase 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 presently 1.2 days.

Origin Energy Stock Performance

Shares of OGFGY remained flat at $6.60 during midday trading on Friday. The stock had a trading volume of 27 shares, compared to its average volume of 1,206. Origin Energy has a 12-month low of $5.60 and a 12-month high of $7.72. The company’s 50-day moving average is $6.68 and its two-hundred day moving average is $6.58.

Origin Energy Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, April 11th. Stockholders of record on Wednesday, March 5th will be issued a dividend of $0.188 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This is a positive change from Origin Energy’s previous dividend of $0.15. Origin Energy’s dividend payout ratio is currently 88.17%.

Origin Energy Company Profile

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.