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

Iberdrola, S.A. (OTCMKTS:IBDSF) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 1,789,700 shares, an increase of 21.2% from the June 30th total of 1,476,100 shares. Based on an average trading volume of 46,700 shares, the days-to-cover ratio is presently 38.3 days.

Iberdrola Price Performance

Shares of IBDSF stock traded down $0.04 during mid-day trading on Tuesday, hitting $13.25. 3,543 shares of the company’s stock were exchanged, compared to its average volume of 20,926. The stock has a 50-day simple moving average of $13.12 and a two-hundred day simple moving average of $12.52. Iberdrola has a fifty-two week low of $10.38 and a fifty-two week high of $13.62.

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.