Short Interest in Iberdrola, S.A. (OTCMKTS:IBDSF) Expands By 23.5%

Iberdrola, S.A. (OTCMKTS:IBDSF) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 4,394,000 shares, a growth of 23.5% from the October 31st total of 3,557,800 shares. Based on an average daily volume of 13,400 shares, the short-interest ratio is currently 327.9 days.

Iberdrola Price Performance

OTCMKTS:IBDSF traded down $0.22 during midday trading on Monday, hitting $14.19. 10,031 shares of the company were exchanged, compared to its average volume of 21,307. Iberdrola has a fifty-two week low of $11.30 and a fifty-two week high of $15.85. The company has a fifty day simple moving average of $14.84 and a 200 day simple moving average of $14.01.

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.