Renault (OTCMKTS:RNLSY) Short Interest Update

Renault (OTCMKTS:RNLSY) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1,962 shares, a decrease of 76.1% from the May 31st total of 8,208 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 416,762 shares, the days-to-cover ratio is currently 0.0 days.

Renault Stock Performance

Shares of OTCMKTS:RNLSY traded down $0.15 during mid-day trading on Monday, reaching $5.70. The stock had a trading volume of 49,849 shares, compared to its average volume of 136,921. The firm has a 50 day simple moving average of $6.60 and a two-hundred day simple moving average of $7.17. Renault has a twelve month low of $5.70 and a twelve month high of $9.76.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered Renault from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce”.

Renault Company Profile

Renault SA is a French multinational automobile manufacturer founded in 1899 by Louis, Marcel and Fernand Renault. Headquartered in Boulogne-Billancourt, France, the company designs, produces and distributes a wide range of passenger cars, light commercial vehicles and electric vehicles under the Renault, Dacia and Alpine brands. Renault also develops powertrains, including combustion engines and electric motors, and provides related services such as financing, leasing and fleet management.

Throughout its history, Renault has been at the forefront of automotive innovation, introducing mass-produced vehicles in the early 20th century and pioneering mass-market electric cars in the 2010s.