Short Interest in ReNew Energy Global Plc (NASDAQ:RNWWW) Declines By 22.0%

ReNew Energy Global Plc (NASDAQ:RNWWW) was the target of a significant drop in short interest during the month of April. As of April 15th, there was short interest totaling 31,648 shares, a drop of 22.0% from the March 31st total of 40,582 shares. Based on an average daily volume of 28,078 shares, the days-to-cover ratio is currently 1.1 days.

ReNew Energy Global Price Performance

Shares of RNWWW stock traded down $0.00 during mid-day trading on Friday, hitting $0.00. 3,001 shares of the company’s stock were exchanged, compared to its average volume of 20,962. ReNew Energy Global has a fifty-two week low of $0.00 and a fifty-two week high of $0.19. The stock has a 50-day simple moving average of $0.01 and a two-hundred day simple moving average of $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.