Iberdrola, S.A. (OTCMKTS:IBDSF) Short Interest Update

Iberdrola, S.A. (OTCMKTS:IBDSF – Get Rating) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totalling 488,400 shares, a decline of 48.7% from the April 15th total of 952,600 shares. Based on an average daily trading volume, of 51,500 shares, the days-to-cover ratio is currently 9.5 days.

IBDSF opened at $11.01 on Friday. Iberdrola has a fifty-two week low of $9.68 and a fifty-two week high of $14.36. The firm has a 50-day moving average of $11.11 and a 200 day moving average of $11.24.

About Iberdrola (Get Rating)

Iberdrola, SA engages in the generation, transmission, distribution, and supply of electricity in Spain and internationally. It generates and markets electrical power using renewable sources, such as onshore and offshore wind, hydro, solar photovoltaic, combined cycle gas, nuclear, and biomass, as well as through installation of batteries.

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