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

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

Iberdrola Stock Down 0.7 %

Shares of IBDRY stock traded down $0.39 during trading hours on Wednesday, reaching $56.29. 49,312 shares of the company’s stock were exchanged, compared to its average volume of 147,573. The stock’s 50 day moving average is $55.67 and its 200-day moving average is $56.69. The company has a market cap of $89.56 billion, a price-to-earnings ratio of 12.88, a P/E/G ratio of 1.74 and a beta of 0.81. The company has a current ratio of 0.79, a quick ratio of 0.69 and a debt-to-equity ratio of 0.67. Iberdrola has a fifty-two week low of $45.19 and a fifty-two week high of $62.15.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Royal Bank of Canada raised Iberdrola to a “hold” rating in a research report on Monday, December 2nd. Deutsche Bank Aktiengesellschaft assumed coverage on Iberdrola in a research report on Wednesday, October 2nd. They set a “hold” rating on the stock.

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.