Short Interest in ReNew Energy Global Plc (NASDAQ:RNWWW) Decreases By 34.0%

ReNew Energy Global Plc (NASDAQ:RNWWW) saw a significant decline in short interest in December. As of December 15th, there was short interest totaling 13,750 shares, a decline of 34.0% from the November 30th total of 20,835 shares. Based on an average trading volume of 88,858 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 88,858 shares, the short-interest ratio is currently 0.2 days.

ReNew Energy Global Stock Down 16.5%

NASDAQ RNWWW traded down $0.00 on Tuesday, reaching $0.01. 27,974 shares of the company’s stock traded hands, compared to its average volume of 44,256. The stock has a 50-day simple moving average of $0.01 and a 200 day simple moving average of $0.07. ReNew Energy Global has a 12 month low of $0.00 and a 12 month high of $0.25.

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.