Iberdrola, S.A. (OTCMKTS:IBDSF) Short Interest Down 31.2% in December

Iberdrola, S.A. (OTCMKTS:IBDSF) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 1,800,987 shares, a decline of 31.2% from the December 15th total of 2,616,897 shares. Based on an average daily volume of 15,383 shares, the days-to-cover ratio is presently 117.1 days. Based on an average daily volume of 15,383 shares, the days-to-cover ratio is presently 117.1 days.

Iberdrola Trading Up 1.5%

Shares of OTCMKTS:IBDSF traded up $0.32 during mid-day trading on Friday, reaching $21.55. 8,786 shares of the company traded hands, compared to its average volume of 9,153. The company’s 50 day moving average price is $21.33 and its 200-day moving average price is $19.73. Iberdrola has a 52 week low of $13.51 and a 52 week high of $22.43.

Iberdrola Company Profile

Iberdrola (OTCMKTS:IBDSF) is a Spanish multinational electric utility company with core activities spanning the generation, transmission and distribution of electricity. The company has established itself as a global leader in renewable energy, particularly wind power, and maintains a diversified portfolio that includes hydroelectric, solar and conventional thermal generation assets. In addition to power generation, Iberdrola provides integrated energy services and solutions for residential, commercial and industrial customers.

The company’s operations extend across Europe, North America and Latin America.