Renesas Electronics Co. (OTCMKTS:RNECF) Short Interest Update

Renesas Electronics Co. (OTCMKTS:RNECF) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totalling 869,600 shares, a decrease of 36.9% from the June 15th total of 1,377,900 shares. Based on an average trading volume of 10,800 shares, the short-interest ratio is currently 80.5 days.

Renesas Electronics Stock Performance

Renesas Electronics stock traded down $0.14 during mid-day trading on Friday, hitting $20.36. 980 shares of the company were exchanged, compared to its average volume of 10,038. The business’s 50 day simple moving average is $18.49 and its two-hundred day simple moving average is $17.55. Renesas Electronics has a 12-month low of $13.18 and a 12-month high of $21.24.

Renesas Electronics Company Profile

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.