Iberdrola, S.A. (OTCMKTS:IBDRY) Short Interest Up 38.5% in February

Iberdrola, S.A. (OTCMKTS:IBDRY) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 9,000 shares, a growth of 38.5% from the February 13th total of 6,500 shares. Based on an average daily trading volume, of 102,900 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

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

Iberdrola Stock Performance

Shares of IBDRY stock traded up $0.64 during trading hours on Tuesday, hitting $61.53. The stock had a trading volume of 91,385 shares, compared to its average volume of 109,069. The firm has a market capitalization of $99.07 billion, a PE ratio of 14.08, a PEG ratio of 1.79 and a beta of 0.88. Iberdrola has a twelve month low of $46.99 and a twelve month high of $62.15. The stock’s 50 day moving average is $56.84 and its 200 day moving average is $57.63. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.79 and a quick ratio of 0.69.

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.