Short Interest in Iberdrola, S.A. (OTCMKTS:IBDSF) Rises By 184.5%

Iberdrola, S.A. (OTCMKTS:IBDSF) was the recipient of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 3,557,800 shares, a growth of 184.5% from the October 15th total of 1,250,700 shares. Based on an average daily trading volume, of 80,800 shares, the short-interest ratio is currently 44.0 days.

Iberdrola Price Performance

OTCMKTS:IBDSF opened at $14.17 on Friday. Iberdrola has a 1-year low of $11.30 and a 1-year high of $15.85. The business’s fifty day moving average price is $15.02 and its 200 day moving average price is $13.89.

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.