Iberdrola, S.A. (OTCMKTS:IBDRY) Sees Significant Increase in Short Interest

Iberdrola, S.A. (OTCMKTS:IBDRY - Get Free Report) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 298,000 shares, an increase of 7,350.0% from the March 15th total of 4,000 shares. Based on an average daily volume of 273,600 shares, the short-interest ratio is currently 1.1 days.

Iberdrola Stock Performance

Shares of OTCMKTS IBDRY traded down $0.33 during mid-day trading on Friday, hitting $47.60. The company had a trading volume of 168,943 shares, compared to its average volume of 119,511. The stock has a market cap of $76.44 billion, a price-to-earnings ratio of 15.31, a PEG ratio of 2.39 and a beta of 0.76. Iberdrola has a 12 month low of $41.24 and a 12 month high of $53.19. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.89 and a quick ratio of 0.79. The firm's 50 day simple moving average is $47.58 and its two-hundred day simple moving average is $47.83.

Iberdrola (OTCMKTS:IBDRY - Get Free Report) last announced its quarterly earnings results on Thursday, February 22nd. The utilities provider reported $0.77 earnings per share (EPS) for the quarter. The business had revenue of $13.07 billion for the quarter. Iberdrola had a return on equity of 8.02% and a net margin of 9.74%. As a group, equities research analysts forecast that Iberdrola will post 3.25 earnings per share for the current year.

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.