Short Interest in Iberdrola, S.A. (OTCMKTS:IBDSF) Expands By 23.5%

Iberdrola, S.A. (OTCMKTS:IBDSF) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 4,394,000 shares, an increase of 23.5% from the October 31st total of 3,557,800 shares. Based on an average daily volume of 13,400 shares, the days-to-cover ratio is presently 327.9 days.

Iberdrola Price Performance

IBDSF traded down $0.19 during trading hours on Monday, hitting $14.22. 11,564 shares of the company’s stock were exchanged, compared to its average volume of 21,314. Iberdrola has a 12-month low of $11.30 and a 12-month high of $15.85. The firm has a 50 day moving average of $14.84 and a 200 day moving average of $14.01.

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.