ReNew Energy Global Plc (NASDAQ:RNWWW) Sees Significant Decline in Short Interest

ReNew Energy Global Plc (NASDAQ:RNWWW) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 891 shares, a drop of 64.3% from the June 15th total of 2,493 shares. Based on an average daily volume of 39,120 shares, the days-to-cover ratio is currently 0.0 days.

ReNew Energy Global Stock Performance

Shares of NASDAQ:RNWWW traded down $0.00 during trading hours on Wednesday, hitting $0.00. The company’s stock had a trading volume of 169,648 shares, compared to its average volume of 23,990. ReNew Energy Global has a 52 week low of $0.00 and a 52 week high of $0.17.

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.