Renesas Electronics Co. (OTCMKTS:RNECY – Get Free Report) saw 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 trading volume of 1,083,126 shares, the short-interest ratio is presently 0.7 days.
Renesas Electronics Price Performance
OTCMKTS RNECY opened at $8.94 on Friday. Renesas Electronics has a twelve month low of $5.51 and a twelve month high of $16.20. The business’s fifty day moving average is $10.47 and its 200 day moving average is $10.61.
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.
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