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

Redeia Corporación, S.A. (OTCMKTS:RDEIY) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 37,100 shares, an increase of 27.5% from the July 15th total of 29,100 shares. Based on an average trading volume of 27,300 shares, the days-to-cover ratio is currently 1.4 days.

Redeia Corporación Stock Performance

RDEIY stock traded up $0.03 during trading on Thursday, hitting $9.15. The company had a trading volume of 6,530 shares, compared to its average volume of 30,665. Redeia Corporación has a one year low of $7.50 and a one year high of $9.31. The business has a 50-day moving average of $8.94 and a 200-day moving average of $8.59.

Redeia Corporación Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, July 16th. Stockholders of record on Friday, June 28th were paid a $0.2784 dividend. This is a positive change from Redeia Corporación’s previous dividend of $0.10. The ex-dividend date of this dividend was Friday, June 28th.

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).