Iberdrola, S.A. (OTCMKTS:IBDRY) Short Interest Update

Iberdrola, S.A. (OTCMKTS:IBDRY) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 57,800 shares, an increase of 128.5% from the December 15th total of 25,300 shares. Based on an average daily volume of 221,900 shares, the short-interest ratio is presently 0.3 days.

Iberdrola Trading Up 0.5 %

Shares of OTCMKTS IBDRY traded up $0.28 during midday trading on Tuesday, reaching $54.29. The stock had a trading volume of 139,428 shares, compared to its average volume of 126,170. Iberdrola has a twelve month low of $45.19 and a twelve month high of $62.15. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.69 and a current ratio of 0.79. The company’s 50 day moving average price is $55.91 and its 200 day moving average price is $56.44. The firm has a market cap of $86.38 billion, a price-to-earnings ratio of 12.42, a price-to-earnings-growth ratio of 1.85 and a beta of 0.81.

Iberdrola (OTCMKTS:IBDRY) last released its earnings results on Wednesday, October 23rd. The utilities provider reported $0.88 earnings per share (EPS) for the quarter. Iberdrola had a net margin of 14.67% and a return on equity of 10.67%. The business had revenue of $11.52 billion for the quarter. As a group, sell-side analysts expect that Iberdrola will post 3.56 EPS for the current year.

Analysts Set New Price Targets

IBDRY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Iberdrola in a research report on Wednesday, October 2nd. They set a “hold” rating on the stock. Royal Bank of Canada upgraded Iberdrola to a “hold” rating in a report on Monday, December 2nd. Finally, Barclays upgraded Iberdrola to a “hold” rating in a research report on Tuesday, September 17th.

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.