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

Iberdrola, S.A. (OTCMKTS:IBDRY - Get Free Report) saw a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 6,500 shares, a decrease of 90.9% from the January 31st total of 71,100 shares. Based on an average trading volume of 224,000 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada raised shares of Iberdrola to a "hold" rating in a report on Monday, December 2nd.

Iberdrola Price Performance

IBDRY stock traded up $0.75 during trading on Monday, reaching $57.83. 48,362 shares of the company were exchanged, compared to its average volume of 122,122. The company has a 50-day moving average of $55.99 and a two-hundred day moving average of $57.37. The company has a market capitalization of $93.11 billion, a price-to-earnings ratio of 13.23, a P/E/G ratio of 1.79 and a beta of 0.82. Iberdrola has a twelve month low of $45.24 and a twelve month high of $62.15. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.79 and a quick ratio of 0.69.

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.