Iberdrola, S.A. (OTCMKTS:IBDSF) Short Interest Up 23.5% in November

Iberdrola, S.A. (OTCMKTS:IBDSF) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 4,394,000 shares, a growth of 23.5% from the October 31st total of 3,557,800 shares. Based on an average daily volume of 13,400 shares, the short-interest ratio is currently 327.9 days.

Iberdrola Stock Performance

IBDSF stock traded down $0.19 during midday trading on Monday, hitting $14.22. 13,108 shares of the company’s stock were exchanged, compared to its average volume of 21,314. Iberdrola has a one year low of $11.30 and a one year high of $15.85. The stock’s fifty day moving average price is $14.84 and its 200-day moving average price is $14.01.

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.