Short Interest in Redeia Corporación, S.A. (OTCMKTS:RDEIY) Expands By 344.6%

Redeia Corporación, S.A. (OTCMKTS:RDEIY) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 122,700 shares, a growth of 344.6% from the October 31st total of 27,600 shares. Based on an average trading volume of 117,000 shares, the days-to-cover ratio is presently 1.0 days.

Redeia Corporación Stock Performance

Redeia Corporación stock traded up $0.06 during mid-day trading on Wednesday, hitting $8.97. 20,927 shares of the company were exchanged, compared to its average volume of 29,756. The business has a fifty day moving average of $9.14 and a 200 day moving average of $9.10. Redeia Corporación has a 1-year low of $7.68 and a 1-year high of $9.78.

About Redeia Corporación

Redeia Corporación, SA engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. The company operates through three segments: Management and Operation of National Electricity Infrastructure; Management and Operation of International Electricity Infrastructure; and Telecommunications (Satellites and Fibre Optic).