Iberdrola, S.A. (OTCMKTS:IBDRY - Get Free Report) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 57,800 shares, an increase of 128.5% from the December 31st total of 25,300 shares. Based on an average daily trading volume, of 221,900 shares, the days-to-cover ratio is currently 0.3 days.
Several analysts recently weighed in on IBDRY shares. Royal Bank of Canada raised Iberdrola to a "hold" rating in a research note on Monday, December 2nd. Deutsche Bank Aktiengesellschaft assumed coverage on Iberdrola in a research report on Wednesday, October 2nd. They set a "hold" rating for the company.
Check Out Our Latest Stock Report on Iberdrola
OTCMKTS IBDRY traded down $0.39 during trading on Wednesday, reaching $56.29. The company's stock had a trading volume of 49,312 shares, compared to its average volume of 147,573. The stock has a market capitalization of $89.56 billion, a PE ratio of 12.88, a P/E/G ratio of 1.74 and a beta of 0.81. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.79 and a quick ratio of 0.69. The firm has a fifty day moving average of $55.67 and a 200 day moving average of $56.69. Iberdrola has a one year low of $45.19 and a one year high of $62.15.
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.
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