Iberdrola, S.A. (OTCMKTS:IBDSF) Sees Large Increase in Short Interest

Iberdrola, S.A. (OTCMKTS:IBDSF) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 2,027,500 shares, an increase of 9.2% from the November 30th total of 1,856,300 shares. Based on an average trading volume of 28,500 shares, the short-interest ratio is currently 71.1 days.

Iberdrola Trading Up 0.1 %

IBDSF opened at $13.94 on Thursday. The company’s 50-day moving average price is $14.22 and its two-hundred day moving average price is $14.11. Iberdrola has a twelve month low of $11.30 and a twelve month high of $15.85.

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.