Iberdrola, S.A. (OTCMKTS:IBDRY) Sees Significant Decline in Short Interest

Iberdrola, S.A. (OTCMKTS:IBDRY) was the target of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 6,500 shares, a decline of 90.9% from the January 31st total of 71,100 shares. Based on an average daily volume of 224,000 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada raised shares of Iberdrola to a “hold” rating in a research note on Monday, December 2nd.

Iberdrola Stock Up 1.3 %

Iberdrola stock traded up $0.75 during mid-day trading on Friday, reaching $57.83. The stock had a trading volume of 48,362 shares, compared to its average volume of 122,122. The company has a market capitalization of $93.11 billion, a price-to-earnings ratio of 13.23, a PEG ratio of 1.79 and a beta of 0.82. The company has a 50-day moving average price of $55.99 and a two-hundred day moving average price of $57.32. Iberdrola has a one year low of $45.24 and a one year high of $62.15. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.79 and a quick ratio of 0.69.

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.