Short Interest in Iberdrola, S.A. (OTCMKTS:IBDRY) Rises By 38.5%

Iberdrola, S.A. (OTCMKTS:IBDRY) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 9,000 shares, an increase of 38.5% from the February 13th total of 6,500 shares. Based on an average trading volume of 102,900 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Iberdrola Stock Performance

OTCMKTS:IBDRY traded up $0.64 during trading hours on Monday, hitting $61.53. 91,385 shares of the company were exchanged, compared to its average volume of 109,069. The company’s 50 day moving average price is $56.76 and its 200-day moving average price is $57.60. The stock has a market capitalization of $99.07 billion, a price-to-earnings ratio of 14.08, a PEG ratio of 1.79 and a beta of 0.88. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.79 and a quick ratio of 0.69. Iberdrola has a 52-week low of $46.99 and a 52-week high of $62.15.

Analyst Ratings Changes

Separately, Royal Bank of Canada upgraded shares of Iberdrola to a “hold” rating in a research note on Monday, December 2nd.

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.