Short Interest in ReNew Energy Global Plc (NASDAQ:RNWWW) Drops By 55.7%

ReNew Energy Global Plc (NASDAQ:RNWWWGet Free Report) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 13,173 shares, a drop of 55.7% from the July 30th total of 29,742 shares. Based on an average daily trading volume, of 46,386 shares, the days-to-cover ratio is currently 0.3 days.

ReNew Energy Global Trading Down 37.4%

Shares of NASDAQ:RNWWW traded down $0.00 during mid-day trading on Friday, hitting $0.00. The company had a trading volume of 3,650,602 shares, compared to its average volume of 112,997. ReNew Energy Global has a one year low of $0.00 and a one year high of $0.10.

ReNew Energy Global Company Profile

(Get Free Report)

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.

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