Short Interest in Iberdrola, S.A. (OTCMKTS:IBDSF) Grows By 11.8%

Iberdrola, S.A. (OTCMKTS:IBDSF) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 953,600 shares, an increase of 11.8% from the August 15th total of 853,300 shares. Based on an average trading volume of 38,800 shares, the days-to-cover ratio is currently 24.6 days.

Iberdrola Stock Performance

IBDSF stock traded up $0.05 during midday trading on Monday, hitting $11.82. The company had a trading volume of 5,700 shares, compared to its average volume of 29,921. The stock’s 50 day moving average price is $12.07 and its 200 day moving average price is $12.37. Iberdrola has a 52 week low of $8.83 and a 52 week high of $13.42.

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 and markets electrical power using renewable sources, such as onshore and offshore wind, hydro, photovoltaic, combined cycle gas, and nuclear, as well as through batteries.