Iberdrola, S.A. (OTCMKTS:IBDSF) Sees Significant Decrease in Short Interest

Iberdrola, S.A. (OTCMKTS:IBDSF) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 1,548,300 shares, a decrease of 36.6% from the March 15th total of 2,440,600 shares. Based on an average daily trading volume, of 17,900 shares, the short-interest ratio is currently 86.5 days.

Iberdrola Trading Down 0.2 %

Shares of OTCMKTS IBDSF traded down $0.04 during trading hours on Thursday, hitting $17.55. The company had a trading volume of 7,174 shares, compared to its average volume of 24,031. Iberdrola has a 1-year low of $11.77 and a 1-year high of $17.84. The firm’s 50 day moving average is $15.37 and its 200-day moving average is $14.71.

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.