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

Iberdrola, S.A. (OTCMKTS:IBDRY - Get Free Report) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 9,000 shares, a growth of 38.5% from the February 13th total of 6,500 shares. Based on an average daily trading volume, of 102,900 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

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

Iberdrola Price Performance

IBDRY stock traded up $0.14 during midday trading on Thursday, reaching $61.58. The company had a trading volume of 47,716 shares, compared to its average volume of 106,115. The company has a market capitalization of $99.15 billion, a price-to-earnings ratio of 14.09, a price-to-earnings-growth ratio of 1.79 and a beta of 0.88. The stock has a 50 day moving average price of $57.14 and a 200-day moving average price of $57.72. Iberdrola has a 1-year low of $46.99 and a 1-year 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.

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.