Iberdrola, S.A. (OTCMKTS:IBDRY) Sees Large Growth in Short Interest

Iberdrola, S.A. (OTCMKTS:IBDRY) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 107,000 shares, an increase of 349.6% from the May 31st total of 23,800 shares. Based on an average daily trading volume, of 159,800 shares, the days-to-cover ratio is currently 0.7 days.

Iberdrola Stock Performance

IBDRY traded down $0.45 during trading hours on Thursday, hitting $51.91. 41,979 shares of the stock were exchanged, compared to its average volume of 100,616. The stock has a 50-day simple moving average of $51.74 and a 200-day simple moving average of $49.88. Iberdrola has a 12 month low of $41.24 and a 12 month high of $54.20. The stock has a market cap of $83.36 billion, a price-to-earnings ratio of 13.16, a price-to-earnings-growth ratio of 3.01 and a beta of 0.80. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.77 and a quick ratio of 0.66.

Iberdrola (OTCMKTS:IBDRY) last announced its quarterly earnings data on Wednesday, April 24th. The utilities provider reported $1.83 earnings per share (EPS) for the quarter. Iberdrola had a return on equity of 10.01% and a net margin of 13.06%. The firm had revenue of $13.77 billion for the quarter. Analysts anticipate that Iberdrola will post 3.31 earnings per share for the current year.

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.