Iberdrola, S.A. (OTCMKTS:IBDSF) Short Interest Down 57.8% in November

Iberdrola, S.A. (OTCMKTS:IBDSF) saw a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 1,856,300 shares, a decline of 57.8% from the November 15th total of 4,394,000 shares. Based on an average trading volume of 32,500 shares, the short-interest ratio is presently 57.1 days.

Iberdrola Stock Performance

OTCMKTS IBDSF traded down $0.01 during mid-day trading on Wednesday, hitting $13.95. The company’s stock had a trading volume of 5,967 shares, compared to its average volume of 21,098. The company’s 50 day simple moving average is $14.66 and its 200 day simple moving average is $14.06. Iberdrola has a twelve month low of $11.30 and a twelve month high of $15.85.

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.