Short Interest in Iberdrola, S.A. (OTCMKTS:IBDSF) Increases By 8.4%

Iberdrola, S.A. (OTCMKTS:IBDSF) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 1,477,800 shares, an increase of 8.4% from the March 31st total of 1,363,300 shares. Based on an average trading volume of 15,200 shares, the days-to-cover ratio is currently 97.2 days.

Iberdrola Stock Performance

OTCMKTS:IBDSF opened at $12.41 on Wednesday. Iberdrola has a 12 month low of $10.38 and a 12 month high of $13.46. The firm has a fifty day simple moving average of $12.07 and a two-hundred day simple moving average of $12.12.

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.