Redeia Corporación, S.A. (OTCMKTS:RDEIY) Short Interest Up 37.7% in April

Redeia Corporación, S.A. (OTCMKTS:RDEIY) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 21,200 shares, an increase of 37.7% from the March 31st total of 15,400 shares. Based on an average daily volume of 35,500 shares, the short-interest ratio is presently 0.6 days.

Redeia Corporación Stock Performance

OTCMKTS:RDEIY traded up $0.05 during trading hours on Monday, reaching $8.33. The company had a trading volume of 12,628 shares, compared to its average volume of 42,297. The stock has a 50-day moving average of $8.29 and a two-hundred day moving average of $8.15. Redeia Corporación has a one year low of $7.50 and a one year high of $9.13.

Redeia Corporación Company Profile

Redeia Corporación, SA engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. The company operates through three segments: Management and Operation of National Electricity Infrastructure; Management and Operation of International Electricity Infrastructure; and Telecommunications (Satellites and Fibre Optic).