Iberdrola, S.A. (OTCMKTS:IBDSF) Short Interest Down 5.2% in June

Iberdrola, S.A. (OTCMKTS:IBDSF) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 863,800 shares, a decrease of 5.2% from the May 31st total of 911,400 shares. Based on an average trading volume of 27,400 shares, the days-to-cover ratio is currently 31.5 days.

Iberdrola Stock Performance

OTCMKTS IBDSF traded down $0.01 during trading hours on Tuesday, reaching $13.19. The company’s stock had a trading volume of 21,332 shares, compared to its average volume of 21,545. The business has a 50-day simple moving average of $13.05 and a 200 day simple moving average of $12.53. Iberdrola has a 52 week low of $10.38 and a 52 week high of $13.62.

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.