Iberdrola, S.A. (OTCMKTS:IBDRY) Sees Large Decline in Short Interest

Iberdrola, S.A. (OTCMKTS:IBDRY) was the target of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 6,000 shares, a decline of 33.3% from the February 28th total of 9,000 shares. Based on an average daily volume of 119,600 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Iberdrola Stock Performance

IBDRY traded up $1.50 on Friday, hitting $64.97. The company had a trading volume of 64,214 shares, compared to its average volume of 101,662. The stock has a market cap of $104.61 billion, a price-to-earnings ratio of 14.87, a price-to-earnings-growth ratio of 1.79 and a beta of 0.88. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.79 and a quick ratio of 0.69. The company’s fifty day moving average price is $58.13 and its 200 day moving average price is $57.92. Iberdrola has a 1-year low of $46.99 and a 1-year high of $65.27.

Analyst Ratings Changes

Separately, Royal Bank of Canada raised shares of Iberdrola to a “hold” rating in a research report on Monday, December 2nd.

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.