Iberdrola, S.A. (OTCMKTS:IBDSF) Short Interest Down 57.8% in November

Iberdrola, S.A. (OTCMKTS:IBDSFGet Free Report) was the recipient of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 1,856,300 shares, a decrease of 57.8% from the November 15th total of 4,394,000 shares. Based on an average daily trading volume, of 32,500 shares, the days-to-cover ratio is presently 57.1 days.

Iberdrola Trading Up 0.5 %

Shares of OTCMKTS:IBDSF traded up $0.07 on Friday, hitting $13.85. 37,481 shares of the company’s stock were exchanged, compared to its average volume of 21,119. The firm’s 50-day moving average is $14.61 and its 200 day moving average is $14.06. Iberdrola has a 1-year low of $11.30 and a 1-year high of $15.85.

About Iberdrola

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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.

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