Redeia Corporacion SA – Unsponsored ADR (OTCMKTS:RDEIY – Get Free Report) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 96,766 shares, a growth of 131.5% from the August 15th total of 41,791 shares. Based on an average daily volume of 124,574 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.0% of the company’s stock are sold short.
Redeia Corporacion Price Performance
Redeia Corporacion stock opened at $8.53 on Monday. The company has a quick ratio of 1.17, a current ratio of 1.23 and a debt-to-equity ratio of 1.02. The company has a fifty day simple moving average of $8.77 and a 200-day simple moving average of $8.69. Redeia Corporacion has a 12-month low of $8.08 and a 12-month high of $11.04.
Redeia Corporacion Company Profile
Redeia Corporación, SA is a Spanish infrastructure group focused on the operation, management and development of essential electricity and telecommunications networks. Through its principal subsidiary, Red Eléctrica, the company acts as Spain’s electricity transmission system operator and is responsible for managing and maintaining the country’s high-voltage transmission grid, supporting the reliability and integration of renewable energy into the power system.
The group also develops telecommunications infrastructure.
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