Renesas Electronics Co. (OTCMKTS:RNECY) Short Interest Update

Renesas Electronics Co. (OTCMKTS:RNECY) was the target of a significant increase in short interest in August. As of August 15th, there was short interest totaling 455,600 shares, anincreaseof1,952.3% from the July 31st total of 22,200 shares. Based on an average daily volume of 1,026,400 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 1,026,400 shares, the short-interest ratio is currently 0.4 days.

Renesas Electronics Stock Performance

Shares of RNECY stock traded down $0.15 during trading hours on Tuesday, reaching $5.70. 618,766 shares of the company’s stock were exchanged, compared to its average volume of 806,239. Renesas Electronics has a fifty-two week low of $4.62 and a fifty-two week high of $9.27. The stock’s 50 day moving average is $6.20 and its 200-day moving average is $6.54.

About Renesas Electronics

Renesas Electronics Corporation researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, rest of Asia, Europe, North America, and internationally. The company operates through Automotive Business and Industrial/Infrastructure/IoT Business segments. It offers microcontrollers (MCUs) and microprocessors; amplifiers, audio and video, data converters, power line communication, and switches and multiplexer products; and specific clocks, clock distribution and generation, jitter attenuators with frequency translation, and crystal oscillator, and VersaClock programmable clocks.