Short Interest in Iberdrola, S.A. (OTCMKTS:IBDSF) Expands By 142.4%

Iberdrola, S.A. (OTCMKTS:IBDSF) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totalling 4,913,700 shares, a growth of 142.4% from the December 31st total of 2,027,500 shares. Based on an average daily trading volume, of 58,000 shares, the short-interest ratio is presently 84.7 days.

Iberdrola Stock Performance

Shares of OTCMKTS:IBDSF traded down $0.07 during mid-day trading on Friday, hitting $14.36. The company had a trading volume of 13,123 shares, compared to its average volume of 39,626. Iberdrola has a one year low of $11.30 and a one year high of $15.85. The firm has a fifty day moving average price of $13.97 and a 200 day moving average price of $14.23.

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.