Iberdrola, S.A. (OTCMKTS:IBDSF) Short Interest Up 11.8% in August

Iberdrola, S.A. (OTCMKTS:IBDSF) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 953,600 shares, an increase of 11.8% from the August 15th total of 853,300 shares. Based on an average trading volume of 38,800 shares, the days-to-cover ratio is presently 24.6 days.

Iberdrola Stock Performance

Shares of OTCMKTS:IBDSF traded down $0.02 during trading on Tuesday, reaching $11.81. 8,614 shares of the company were exchanged, compared to its average volume of 29,802. Iberdrola has a 12-month low of $8.83 and a 12-month high of $13.42. The business’s fifty day simple moving average is $12.06 and its 200-day simple moving average is $12.38.

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 and markets electrical power using renewable sources, such as onshore and offshore wind, hydro, photovoltaic, combined cycle gas, and nuclear, as well as through batteries.