Redeia Corporación, S.A. (OTCMKTS:RDEIY) Short Interest Update

Redeia Corporación, S.A. (OTCMKTS:RDEIY) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 21,200 shares, an increase of 37.7% from the March 31st total of 15,400 shares. Based on an average daily volume of 35,500 shares, the days-to-cover ratio is presently 0.6 days.

Redeia Corporación Price Performance

RDEIY stock traded up $0.05 during trading on Monday, reaching $8.33. 12,628 shares of the company were exchanged, compared to its average volume of 42,297. The company has a 50-day moving average of $8.29 and a two-hundred day moving average of $8.15. Redeia Corporación has a twelve month low of $7.50 and a twelve month high of $9.13.

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).