Redeia Corporacion SA – Unsponsored ADR (OTCMKTS:RDEIY – Get Free Report) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 82,099 shares, a growth of 382.8% from the June 15th total of 17,006 shares. Based on an average daily trading volume, of 203,353 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company’s stock are short sold.
Redeia Corporacion Stock Performance
Shares of Redeia Corporacion stock opened at $8.76 on Tuesday. Redeia Corporacion has a 52-week low of $8.08 and a 52-week high of $11.04. The company has a 50 day moving average of $8.63 and a 200 day moving average of $8.74. 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 Company Profile
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.
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