Short Interest in Redeia Corporación, S.A. (OTCMKTS:RDEIY) Increases By 91.4%

Redeia Corporación, S.A. (OTCMKTS:RDEIY) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 11,100 shares, a growth of 91.4% from the September 15th total of 5,800 shares. Based on an average daily volume of 23,500 shares, the days-to-cover ratio is presently 0.5 days.

Redeia Corporación Price Performance

Shares of RDEIY stock traded down $0.31 on Friday, hitting $9.07. The stock had a trading volume of 11,084 shares, compared to its average volume of 12,774. The stock’s 50 day moving average is $9.38 and its 200-day moving average is $8.97. Redeia Corporación has a 52-week low of $7.68 and a 52-week high of $9.78.

About Redeia Corporación

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).