Iberdrola S.A. (OTCMKTS:IBDRY) Short Interest Update

Iberdrola S.A. (OTCMKTS:IBDRY - Get Free Report) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 12,500 shares, an increase of 28.9% from the May 15th total of 9,700 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 259,300 shares, the short-interest ratio is currently 0.0 days.

Iberdrola Trading Up 1.4%

Shares of IBDRY traded up $1.02 during midday trading on Friday, reaching $75.52. The company had a trading volume of 39,542 shares, compared to its average volume of 108,803. Iberdrola has a 1-year low of $50.63 and a 1-year high of $75.85. The company has a quick ratio of 0.58, a current ratio of 0.69 and a debt-to-equity ratio of 0.71. The firm has a 50 day simple moving average of $71.85 and a 200-day simple moving average of $62.73. The stock has a market cap of $121.60 billion, a PE ratio of 24.36, a price-to-earnings-growth ratio of 2.26 and a beta of 0.79.

Iberdrola (OTCMKTS:IBDRY - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The utilities provider reported $1.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.08. The firm had revenue of $14.64 billion during the quarter, compared to analysts' expectations of $11.06 billion. Iberdrola had a net margin of 10.81% and a return on equity of 7.69%. Research analysts forecast that Iberdrola will post 3.57 EPS for the current fiscal year.

Iberdrola Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, June 9th. Investors of record on Monday, May 26th were issued a $0.0175 dividend. This represents a yield of 1.03%. The ex-dividend date of this dividend was Friday, May 23rd. Iberdrola's dividend payout ratio is presently 46.45%.

Wall Street Analysts Forecast Growth

Separately, Dbs Bank raised shares of Iberdrola to a "buy" rating in a research note on Friday, April 25th.

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.