Redeia Corporacion SA – Unsponsored ADR (OTCMKTS:RDEIY) Short Interest Update

Redeia Corporacion SA – Unsponsored ADR (OTCMKTS:RDEIY) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 82,099 shares, an increase of 382.8% from the June 15th total of 17,006 shares. Based on an average trading volume of 203,353 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s shares are short sold.

Redeia Corporacion Price Performance

Shares of RDEIY traded up $0.10 during mid-day trading on Friday, reaching $8.76. The stock had a trading volume of 125,005 shares, compared to its average volume of 79,986. The company has a current ratio of 1.23, a quick ratio of 1.17 and a debt-to-equity ratio of 1.02. Redeia Corporacion has a 52-week low of $8.08 and a 52-week high of $11.04. The business’s fifty day moving average is $8.63 and its 200 day moving average is $8.74.

About Redeia Corporacion

Redeia Corporación (OTCMKTS:RDEIY) is a Spain-based energy infrastructure group principally engaged in the transmission of electricity, provision of telecommunications services through an extensive fiber-optic network, and transportation and distribution of natural gas. In its electricity transmission business, Redeia operates and maintains high-voltage lines and substations under long-term concession agreements, ensuring the reliable flow of power across the Iberian Peninsula. Its telecommunications arm leverages that same network infrastructure to serve both internal grid-management needs and third-party clients, supporting data traffic and digital services.