ReNew Energy Global Plc (NASDAQ:RNWWW) Short Interest Update

ReNew Energy Global Plc (NASDAQ:RNWWW) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 2,493 shares, a drop of 86.9% from the May 31st total of 19,004 shares. Based on an average trading volume of 19,736 shares, the days-to-cover ratio is presently 0.1 days.

ReNew Energy Global Stock Performance

NASDAQ:RNWWW traded down $0.00 during trading hours on Friday, reaching $0.00. The stock had a trading volume of 7,635 shares, compared to its average volume of 21,912. The stock has a 50 day simple moving average of $0.01 and a 200 day simple moving average of $0.01. ReNew Energy Global has a 12-month low of $0.00 and a 12-month high of $0.18.

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.