Iberdrola, S.A. (OTCMKTS:IBDSF) Short Interest Up 365.3% in September

Iberdrola, S.A. (OTCMKTS:IBDSF) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 4,499,000 shares, a growth of 365.3% from the September 15th total of 966,900 shares. Based on an average trading volume of 10,500 shares, the short-interest ratio is presently 428.5 days.

Iberdrola Stock Up 3.2 %

Shares of IBDSF stock traded up $0.48 during trading on Friday, reaching $15.41. The company had a trading volume of 2,054 shares, compared to its average volume of 19,692. The firm’s 50 day simple moving average is $14.50 and its two-hundred day simple moving average is $13.43. Iberdrola has a one year low of $10.82 and a one year high of $15.85.

About Iberdrola

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.