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

Renesas Electronics Co. (OTCMKTS:RNECF) was the target of a significant 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 volume of 4,200 shares, the days-to-cover ratio is currently 2,788.1 days.

Renesas Electronics Trading Down 0.0 %

OTCMKTS:RNECF opened at $16.13 on Wednesday. Renesas Electronics has a twelve month low of $10.43 and a twelve month high of $21.24. The firm’s fifty day simple moving average is $14.97 and its 200 day simple moving average is $14.19.

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.