Iberdrola, S.A. (OTCMKTS:IBDRY) Short Interest Down 90.9% in February

Iberdrola, S.A. (OTCMKTS:IBDRY) saw a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 6,500 shares, a decrease of 90.9% from the January 31st total of 71,100 shares. Based on an average trading volume of 224,000 shares, the short-interest ratio is presently 0.0 days.

Iberdrola Stock Performance

IBDRY stock traded up $0.75 during midday trading on Friday, hitting $57.83. 48,362 shares of the stock traded hands, compared to its average volume of 121,942. The firm has a market cap of $93.11 billion, a P/E ratio of 13.23, a PEG ratio of 1.79 and a beta of 0.82. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.79 and a quick ratio of 0.69. The stock’s fifty day simple moving average is $55.92 and its 200-day simple moving average is $57.29. Iberdrola has a 1-year low of $45.24 and a 1-year high of $62.15.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada raised shares of Iberdrola to a “hold” rating in a report on Monday, December 2nd.

About Iberdrola

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.