Iberdrola, S.A. (OTCMKTS:IBDSF) Short Interest Update

Iberdrola, S.A. (OTCMKTS:IBDSF) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 2,616,897 shares, a decline of 36.1% from the November 30th total of 4,093,914 shares. Based on an average trading volume of 24,478 shares, the days-to-cover ratio is presently 106.9 days. Based on an average trading volume of 24,478 shares, the days-to-cover ratio is presently 106.9 days.

Iberdrola Stock Up 0.3%

Iberdrola stock traded up $0.06 during midday trading on Monday, hitting $21.72. 8,838 shares of the stock were exchanged, compared to its average volume of 29,172. Iberdrola has a 52-week low of $13.39 and a 52-week high of $22.18. The business’s 50-day moving average price is $20.87 and its 200-day moving average price is $19.44.

About Iberdrola

Iberdrola (OTCMKTS:IBDSF) is a Spanish multinational electric utility company with core activities spanning the generation, transmission and distribution of electricity. The company has established itself as a global leader in renewable energy, particularly wind power, and maintains a diversified portfolio that includes hydroelectric, solar and conventional thermal generation assets. In addition to power generation, Iberdrola provides integrated energy services and solutions for residential, commercial and industrial customers.

The company’s operations extend across Europe, North America and Latin America.