Iberdrola, S.A. (OTCMKTS:IBDSF) Sees Significant Growth in Short Interest

Iberdrola, S.A. (OTCMKTS:IBDSF) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 1,477,800 shares, a growth of 8.4% from the March 31st total of 1,363,300 shares. Based on an average daily trading volume, of 15,200 shares, the short-interest ratio is presently 97.2 days.

Iberdrola Stock Performance

OTCMKTS IBDSF opened at $12.41 on Thursday. Iberdrola has a one year low of $10.38 and a one year high of $13.46. The company’s 50 day moving average price is $12.08 and its 200 day moving average price is $12.12.

Iberdrola Company Profile

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.