Redeia Corporación, S.A. (OTCMKTS:RDEIY) Short Interest Update

Redeia Corporación, S.A. (OTCMKTS:RDEIY) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totalling 51,100 shares, an increase of 781.0% from the June 15th total of 5,800 shares. Based on an average daily volume of 33,200 shares, the short-interest ratio is currently 1.5 days.

Redeia Corporación Stock Performance

OTCMKTS:RDEIY traded down $0.03 during trading hours on Friday, reaching $8.94. The company’s stock had a trading volume of 11,717 shares, compared to its average volume of 32,167. The stock has a 50 day moving average price of $8.95 and a two-hundred day moving average price of $8.47. Redeia Corporación has a 12 month low of $7.50 and a 12 month high of $9.31.

Redeia Corporación Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, July 16th. Stockholders of record on Friday, June 28th will be given a $0.2784 dividend. This is a positive change from Redeia Corporación’s previous dividend of $0.10. The ex-dividend date is Friday, June 28th.

Redeia Corporación Company Profile

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).