Short Interest in Redeia Corporación, S.A. (OTCMKTS:RDEIY) Drops By 28.4%

Redeia Corporación, S.A. (OTCMKTS:RDEIY) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 5,800 shares, a decrease of 28.4% from the August 31st total of 8,100 shares. Based on an average daily trading volume, of 19,700 shares, the days-to-cover ratio is presently 0.3 days.

Redeia Corporación Trading Up 0.8 %

Shares of OTCMKTS RDEIY traded up $0.08 during mid-day trading on Friday, reaching $9.75. The company had a trading volume of 7,192 shares, compared to its average volume of 9,822. Redeia Corporación has a twelve month low of $7.50 and a twelve month high of $9.78. The stock’s 50 day moving average is $9.27 and its 200-day moving average is $8.91.

Redeia Corporación Company Profile

Redeia Corporación, SA engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. The company operates through three segments: Management and Operation of National Electricity Infrastructure; Management and Operation of International Electricity Infrastructure; and Telecommunications (Satellites and Fibre Optic).