ReNew Energy Global Plc (NASDAQ:RNWWW) Sees Significant Drop in Short Interest

ReNew Energy Global Plc (NASDAQ:RNWWW) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totaling 18,660 shares, a decrease of 41.0% from the April 15th total of 31,648 shares. Based on an average trading volume of 27,242 shares, the short-interest ratio is presently 0.7 days.

ReNew Energy Global Stock Up 3.9%

Shares of NASDAQ:RNWWW traded up $0.00 during trading on Tuesday, hitting $0.01. The stock had a trading volume of 863 shares, compared to its average volume of 20,476. ReNew Energy Global has a 12 month low of $0.00 and a 12 month high of $0.19. The firm’s fifty day moving average is $0.01 and its 200 day moving average is $0.01.

About ReNew Energy Global

ReNew Energy Global Pte. Ltd. is one of India’s leading independent renewable energy companies, focusing on the development, construction and operation of clean power assets. The company’s core activities include the generation of electricity from utility-scale solar and onshore wind facilities, as well as the deployment of energy storage solutions to enhance grid stability and reliability. ReNew Energy Global also offers comprehensive engineering, procurement and construction (EPC) services along with operations and maintenance (O&M) support across its project portfolio.

Founded in 2011, ReNew Energy Global has built a diversified portfolio of power generation assets with an operational capacity exceeding 5 gigawatts.