Iberdrola, S.A. (OTCMKTS:IBDSF) Sees Large Decline in Short Interest

Iberdrola, S.A. (OTCMKTS:IBDSF) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totalling 863,800 shares, a drop of 5.2% from the May 31st total of 911,400 shares. Based on an average daily trading volume, of 27,400 shares, the days-to-cover ratio is presently 31.5 days.

Iberdrola Stock Down 0.1 %

Iberdrola stock traded down $0.01 during trading hours on Tuesday, hitting $13.19. The company had a trading volume of 21,332 shares, compared to its average volume of 21,545. Iberdrola has a one year low of $10.38 and a one year high of $13.62. The firm has a 50-day moving average of $13.05 and a 200 day moving average of $12.53.

About Iberdrola

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.