Iberdrola, S.A. (OTCMKTS:IBDRY) Short Interest Up 176.7% in March

Iberdrola, S.A. (OTCMKTS:IBDRY - Get Free Report) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 16,600 shares, a growth of 176.7% from the March 15th total of 6,000 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 124,900 shares, the days-to-cover ratio is presently 0.1 days.

Iberdrola Price Performance

IBDRY traded up $1.48 on Friday, reaching $70.99. The company had a trading volume of 72,972 shares, compared to its average volume of 101,210. Iberdrola has a 52-week low of $47.61 and a 52-week high of $70.99. The company has a market cap of $114.30 billion, a price-to-earnings ratio of 16.24, a P/E/G ratio of 1.79 and a beta of 0.76. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.69 and a current ratio of 0.79. The business has a 50 day simple moving average of $61.61 and a 200 day simple moving average of $58.63.

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.