Renesas Electronics Co. (OTCMKTS:RNECF – Get Free Report) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 1,975,700 shares, a decline of 53.7% from the August 15th total of 4,268,500 shares. Based on an average trading volume of 2,000 shares, the days-to-cover ratio is currently 987.9 days.
Renesas Electronics Stock Performance
Shares of Renesas Electronics stock traded up $1.50 during trading on Friday, reaching $15.23. The company’s stock had a trading volume of 1,146 shares, compared to its average volume of 10,486. The company has a 50-day moving average price of $16.88 and a two-hundred day moving average price of $17.37. Renesas Electronics has a fifty-two week low of $10.43 and a fifty-two week high of $21.24.
About Renesas Electronics
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