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

Iberdrola, S.A. (OTCMKTS:IBDRY) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 298,000 shares, an increase of 7,350.0% from the March 15th total of 4,000 shares. Based on an average daily trading volume, of 273,600 shares, the days-to-cover ratio is currently 1.1 days.

Iberdrola Stock Down 2.0 %

Shares of OTCMKTS IBDRY opened at $47.50 on Thursday. The company has a quick ratio of 0.79, a current ratio of 0.89 and a debt-to-equity ratio of 0.68. Iberdrola has a 52 week low of $41.24 and a 52 week high of $53.19. The firm’s fifty day moving average is $47.60 and its 200 day moving average is $47.81. The company has a market cap of $76.28 billion, a price-to-earnings ratio of 15.27, a PEG ratio of 2.45 and a beta of 0.76.

Iberdrola (OTCMKTS:IBDRY) last issued its earnings results on Thursday, February 22nd. The utilities provider reported $0.77 EPS for the quarter. Iberdrola had a net margin of 9.74% and a return on equity of 8.02%. The company had revenue of $13.07 billion for the quarter. On average, equities research analysts expect that Iberdrola will post 3.25 earnings per share for the current year.

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.