Renesas Electronics Co. (OTCMKTS:RNECF) Short Interest Up 48.5% in November

Renesas Electronics Co. (OTCMKTS:RNECF) saw a large increase in short interest in November. As of November 30th, there was short interest totalling 7,091,600 shares, an increase of 48.5% from the November 15th total of 4,774,500 shares. Based on an average daily trading volume, of 12,800 shares, the days-to-cover ratio is currently 554.0 days.

Renesas Electronics Trading Down 3.3 %

Shares of RNECF stock traded down $0.45 during trading hours on Friday, hitting $13.10. The company had a trading volume of 1,985 shares, compared to its average volume of 12,021. Renesas Electronics has a 12 month low of $10.43 and a 12 month high of $21.24. The firm’s fifty day moving average is $13.56 and its 200 day moving average is $15.88.

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.