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

Renesas Electronics Co. (OTCMKTS:RNECF) saw a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 2,019,900 shares, a decline of 25.3% from the May 15th total of 2,703,500 shares. Based on an average trading volume of 14,800 shares, the short-interest ratio is presently 136.5 days.

Renesas Electronics Stock Performance

Shares of Renesas Electronics stock traded up $0.30 during trading hours on Friday, reaching $19.90. The company’s stock had a trading volume of 7,342 shares, compared to its average volume of 10,987. The firm has a 50 day moving average price of $17.53 and a 200-day moving average price of $17.23. Renesas Electronics has a one year low of $13.18 and a one year high of $21.20.

Renesas Electronics Company Profile

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.