Redeia Corporacion SA – Unsponsored ADR (OTCMKTS:RDEIY) Short Interest Update

Redeia Corporacion SA – Unsponsored ADR (OTCMKTS:RDEIY) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 82,099 shares, an increase of 382.8% from the June 15th total of 17,006 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 203,353 shares, the short-interest ratio is currently 0.4 days.

Redeia Corporacion Price Performance

OTCMKTS RDEIY traded up $0.10 during trading hours on Friday, reaching $8.76. The company had a trading volume of 125,005 shares, compared to its average volume of 79,986. The company has a current ratio of 1.23, a quick ratio of 1.17 and a debt-to-equity ratio of 1.02. The stock has a 50-day moving average of $8.63 and a 200 day moving average of $8.74. Redeia Corporacion has a 1-year low of $8.08 and a 1-year high of $11.04.

Redeia Corporacion Company Profile

Redeia Corporación (OTCMKTS:RDEIY) is a Spain-based energy infrastructure group principally engaged in the transmission of electricity, provision of telecommunications services through an extensive fiber-optic network, and transportation and distribution of natural gas. In its electricity transmission business, Redeia operates and maintains high-voltage lines and substations under long-term concession agreements, ensuring the reliable flow of power across the Iberian Peninsula. Its telecommunications arm leverages that same network infrastructure to serve both internal grid-management needs and third-party clients, supporting data traffic and digital services.