Short Interest in Iberdrola, S.A. (OTCMKTS:IBDRY) Rises By 349.6%

Iberdrola, S.A. (OTCMKTS:IBDRY) was the recipient of a significant increase in short interest in 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 volume of 159,800 shares, the days-to-cover ratio is presently 0.7 days.

Iberdrola Price Performance

Shares of Iberdrola stock traded up $0.41 during trading on Friday, reaching $52.32. The company’s stock had a trading volume of 48,585 shares, compared to its average volume of 100,208. The company has a current ratio of 0.77, a quick ratio of 0.66 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $84.02 billion, a P/E ratio of 13.15, a price-to-earnings-growth ratio of 2.95 and a beta of 0.80. The stock has a 50-day moving average price of $51.90 and a two-hundred day moving average price of $49.91. Iberdrola has a one year low of $41.24 and a one year high of $54.20.

Iberdrola (OTCMKTS:IBDRY) last released its quarterly earnings data on Wednesday, April 24th. The utilities provider reported $1.83 EPS for the quarter. Iberdrola had a return on equity of 10.01% and a net margin of 13.06%. The business had revenue of $13.77 billion during the quarter. As a group, sell-side analysts anticipate that Iberdrola will post 3.31 EPS for the current fiscal 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.