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

Iberdrola, S.A. (OTCMKTS:IBDSF) saw a large growth in short interest during 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 trading volume of 15,200 shares, the days-to-cover ratio is currently 97.2 days.

Iberdrola Price Performance

Shares of OTCMKTS IBDSF opened at $12.41 on Thursday. Iberdrola has a twelve month low of $10.38 and a twelve month high of $13.46. The firm has a 50-day moving average of $12.08 and a two-hundred day moving average of $12.12.

About Iberdrola

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.