Iberdrola, S.A. (OTCMKTS:IBDSF) Short Interest Up 184.5% in October

Iberdrola, S.A. (OTCMKTS:IBDSF) was the target of a significant growth in short interest in October. As of October 31st, there was short interest totalling 3,557,800 shares, a growth of 184.5% from the October 15th total of 1,250,700 shares. Based on an average daily trading volume, of 80,800 shares, the days-to-cover ratio is currently 44.0 days.

Iberdrola Stock Performance

Shares of OTCMKTS:IBDSF opened at $14.15 on Wednesday. The firm has a 50 day simple moving average of $15.03 and a 200-day simple moving average of $13.87. 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.