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

Renesas Electronics Co. (OTCMKTS:RNECF) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 9,125,600 shares, an increase of 44.3% from the January 15th total of 6,324,800 shares. Based on an average daily trading volume, of 43,200 shares, the short-interest ratio is currently 211.2 days.

Renesas Electronics Price Performance

Shares of RNECF remained flat at $16.41 on Friday. The stock had a trading volume of 33,196 shares, compared to its average volume of 18,890. Renesas Electronics has a fifty-two week low of $10.43 and a fifty-two week high of $21.24. The business has a fifty day moving average price of $13.53 and a 200 day moving average price of $14.14.

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.