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

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

Shares of OTCMKTS IBDSF traded up $0.16 during mid-day trading on Friday, hitting $11.18. The company had a trading volume of 13,218 shares, compared to its average volume of 34,361. Iberdrola has a 12 month low of $9.68 and a 12 month high of $14.36. The firm’s 50 day simple moving average is $11.14 and its two-hundred day simple moving average is $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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