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

Iberdrola, S.A. (OTCMKTS:IBDSF) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 4,499,000 shares, a growth of 365.3% from the September 15th total of 966,900 shares. Based on an average daily trading volume, of 10,500 shares, the days-to-cover ratio is currently 428.5 days.

Iberdrola Price Performance

Shares of Iberdrola stock traded up $0.48 during midday trading on Friday, hitting $15.41. 2,054 shares of the company were exchanged, compared to its average volume of 19,692. Iberdrola has a 52 week low of $10.82 and a 52 week high of $15.85. The firm has a 50 day simple moving average of $14.50 and a 200-day simple moving average of $13.43.

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.