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

Iberdrola, S.A. (OTCMKTS:IBDSF) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 4,499,000 shares, an increase 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 currently 428.5 days.

Iberdrola Price Performance

Shares of IBDSF traded up $0.48 on Friday, hitting $15.41. 2,054 shares of the stock traded hands, compared to its average volume of 19,692. Iberdrola has a one year low of $10.82 and a one year high of $15.85. The business has a 50 day simple moving average of $14.50 and a 200 day simple moving average of $13.43.

Iberdrola Company Profile

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.