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

Iberdrola, S.A. (OTCMKTS:IBDSF) saw a large decline in short interest in November. As of November 30th, there was short interest totalling 1,856,300 shares, a decline of 57.8% from the November 15th total of 4,394,000 shares. Based on an average daily volume of 32,500 shares, the days-to-cover ratio is presently 57.1 days.

Iberdrola Stock Performance

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. Iberdrola has a fifty-two week low of $11.30 and a fifty-two week high of $15.85. The firm’s 50-day moving average price is $14.61 and its two-hundred day moving average price is $14.06.

Iberdrola Company Profile

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.