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Short Interest in Redeia Corporacion SA - Unsponsored ADR (OTCMKTS:RDEIY) Expands By 28.0%

Redeia Corporacion logo with Oils/Energy background

Redeia Corporacion SA - Unsponsored ADR (OTCMKTS:RDEIY - Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 21,500 shares, an increase of 28.0% from the May 15th total of 16,800 shares. Based on an average trading volume of 127,500 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company's shares are sold short.

Analyst Ratings Changes

Separately, BNP Paribas cut Redeia Corporacion from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 6th.

Read Our Latest Stock Report on RDEIY

Redeia Corporacion Trading Down 2.0%

Shares of Redeia Corporacion stock traded down $0.21 during trading on Friday, reaching $10.48. The stock had a trading volume of 22,983 shares, compared to its average volume of 34,026. The stock has a fifty day moving average price of $10.41 and a two-hundred day moving average price of $9.44. Redeia Corporacion has a 52 week low of $8.03 and a 52 week high of $11.50. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.14 and a current ratio of 1.18.

Redeia Corporacion Company Profile

(Get Free Report)

Redeia Corporación, SA engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. The company operates through three segments: Management and Operation of National Electricity Infrastructure; Management and Operation of International Electricity Infrastructure; and Telecommunications (Satellites and Fibre Optic).

See Also

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