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

Renesas Electronics Co. (OTCMKTS:RNECY) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 208,700 shares, an increase of 3,764.8% from the December 31st total of 5,400 shares. Based on an average daily volume of 1,585,600 shares, the short-interest ratio is presently 0.1 days.

Renesas Electronics Price Performance

OTCMKTS:RNECY opened at $6.69 on Wednesday. The company’s 50 day moving average is $6.53 and its 200-day moving average is $7.21. Renesas Electronics has a 12 month low of $6.00 and a 12 month high of $10.68.

Renesas Electronics (OTCMKTS:RNECY) last released its earnings results on Thursday, October 31st. The company reported $0.11 earnings per share for the quarter. The firm had revenue of $2.32 billion for the quarter.

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.