Short Interest in Redeia Corporación, S.A. (OTCMKTS:RDEIY) Expands By 490.3%

Redeia Corporación, S.A. (OTCMKTS:RDEIY) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totalling 36,600 shares, a growth of 490.3% from the March 15th total of 6,200 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 50,500 shares, the days-to-cover ratio is currently 0.7 days.

Redeia Corporación Stock Up 0.6 %

Shares of RDEIY stock traded up $0.07 on Wednesday, reaching $10.81. The stock had a trading volume of 51,873 shares, compared to its average volume of 56,051. Redeia Corporación has a 12 month low of $8.03 and a 12 month high of $11.50. The firm’s 50-day moving average is $9.44 and its two-hundred day moving average is $8.99.

Redeia Corporación Company Profile

Redeia Corporación, SA engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. The company operates through three segments: Management and Operation of National Electricity Infrastructure; Management and Operation of International Electricity Infrastructure; and Telecommunications (Satellites and Fibre Optic).