Iberdrola, S.A. (OTCMKTS:IBDSF) Short Interest Update

Iberdrola, S.A. (OTCMKTS:IBDSF) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 4,913,700 shares, a growth of 142.4% from the December 31st total of 2,027,500 shares. Based on an average daily volume of 58,000 shares, the days-to-cover ratio is currently 84.7 days.

Iberdrola Stock Performance

IBDSF stock traded up $0.07 during midday trading on Wednesday, hitting $14.42. The company had a trading volume of 17,528 shares, compared to its average volume of 41,268. Iberdrola has a 52 week low of $11.30 and a 52 week high of $15.85. The stock’s 50 day moving average price is $13.97 and its 200 day moving average price is $14.23.

Iberdrola Company Profile

Iberdrola, SA engages in the generation, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia. It generates electricity from renewable sources, such as onshore and offshore wind, hydro, photovoltaic, combined cycle gas, and conventional nuclear, as well as through batteries.