Iberdrola, S.A. (OTCMKTS:IBDRY) Short Interest Down 33.3% in March

Iberdrola, S.A. (OTCMKTS:IBDRY) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 6,000 shares, a drop of 33.3% from the February 28th total of 9,000 shares. Based on an average daily volume of 119,600 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Iberdrola Price Performance

Shares of IBDRY stock traded down $0.48 during trading hours on Monday, reaching $64.49. The company had a trading volume of 58,195 shares, compared to its average volume of 100,867. Iberdrola has a 12-month low of $46.99 and a 12-month high of $65.27. The company has a market capitalization of $103.84 billion, a price-to-earnings ratio of 14.76, a PEG ratio of 1.79 and a beta of 0.88. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.69 and a current ratio of 0.79. The stock has a fifty day moving average of $58.32 and a 200-day moving average of $57.95.

Analyst Ratings Changes

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

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.