Renesas Electronics Co. (OTCMKTS:RNECF) Short Interest Up 28.1% in February

Renesas Electronics Co. (OTCMKTS:RNECF) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 11,710,200 shares, a growth of 28.1% from the February 13th total of 9,143,000 shares. Based on an average daily trading volume, of 4,200 shares, the days-to-cover ratio is presently 2,788.1 days.

Renesas Electronics Stock Performance

Shares of RNECF stock traded down $0.00 during trading on Tuesday, reaching $16.13. 2,437 shares of the company’s stock traded hands, compared to its average volume of 13,937. The firm’s 50-day moving average is $14.93 and its 200 day moving average is $14.20. Renesas Electronics has a 1 year low of $10.43 and a 1 year high of $21.24.

About Renesas Electronics

Renesas Electronics Corporation researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, rest of Asia, Europe, North America, and internationally. The company operates through Automotive Business and Industrial/Infrastructure/IoT Business segments. It offers microcontrollers (MCUs) and microprocessors; amplifiers, audio and video, data converters, power line communication, and switches and multiplexer products; and specific clocks, clock distribution and generation, jitter attenuators with frequency translation, and crystal oscillator, and VersaClock programmable clocks.