Redeia Corporación, S.A. (OTCMKTS:RDEIY) Short Interest Update

Redeia Corporación, S.A. (OTCMKTS:RDEIY) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 8,100 shares, a drop of 78.8% from the August 15th total of 38,200 shares. Based on an average daily trading volume, of 22,000 shares, the short-interest ratio is presently 0.4 days.

Redeia Corporación Trading Down 0.5 %

RDEIY traded down $0.05 during trading hours on Thursday, hitting $9.55. The company’s stock had a trading volume of 10,955 shares, compared to its average volume of 28,711. The business’s 50-day moving average price is $9.11 and its 200-day moving average price is $8.80. Redeia Corporación has a 12 month low of $7.50 and a 12 month high of $9.71.

Redeia Corporación Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, July 16th. Investors of record on Friday, June 28th were paid a $0.2784 dividend. The ex-dividend date of this dividend was Friday, June 28th. This is a positive change from Redeia Corporación’s previous dividend of $0.10.

Redeia Corporación Company Profile

Redeia Corporación, SA engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. The company operates through three segments: Management and Operation of National Electricity Infrastructure; Management and Operation of International Electricity Infrastructure; and Telecommunications (Satellites and Fibre Optic).