Renesas Electronics Co. (OTCMKTS:RNECY) Short Interest Down 77.2% in December

Renesas Electronics Co. (OTCMKTS:RNECY) saw a significant decrease in short interest in December. As of December 15th, there was short interest totalling 5,400 shares, a decrease of 77.2% from the November 30th total of 23,700 shares. Based on an average daily trading volume, of 1,227,100 shares, the short-interest ratio is currently 0.0 days.

Renesas Electronics Stock Performance

RNECY traded down $0.09 on Thursday, hitting $6.39. The company had a trading volume of 267,350 shares, compared to its average volume of 489,995. The stock has a fifty day simple moving average of $6.63 and a 200-day simple moving average of $7.78. Renesas Electronics has a 52-week low of $6.14 and a 52-week high of $10.68.

Renesas Electronics (OTCMKTS:RNECY) last released its quarterly 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.