Renesas Electronics Co. (OTCMKTS:RNECY – Get Free Report) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 765,868 shares, a growth of 105.7% from the September 30th total of 372,248 shares. Based on an average daily trading volume, of 1,083,126 shares, the short-interest ratio is currently 0.7 days.
Renesas Electronics Price Performance
Shares of RNECY stock opened at $8.94 on Friday. The stock has a 50-day moving average of $10.47 and a 200-day moving average of $10.61. Renesas Electronics has a 1-year low of $5.51 and a 1-year high of $16.20.
Renesas Electronics Company Profile
Renesas Electronics Corporation is a Japan-based semiconductor company that develops and supplies embedded semiconductor solutions for automotive, industrial, infrastructure, and consumer applications. Its products help control, connect, sense, and power electronic systems used in vehicles, factories, appliances, communications equipment, and other connected devices.
The company’s portfolio includes microcontrollers, microprocessors, system-on-chip devices, analog and mixed-signal semiconductors, power management products, connectivity solutions, and semiconductor devices for automotive applications.
Further Reading
- Five stocks we like better than Renesas Electronics
- MarketBeat Week in Review – 10/26 – 10/30
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
Receive News & Ratings for Renesas Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Renesas Electronics and related companies with MarketBeat.com's FREE daily email newsletter.
