Renault SA (OTCMKTS:RNLSY) Sees Large Increase in Short Interest

Renault SA (OTCMKTS:RNLSYGet Free Report) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 25,000 shares, a growth of 331.0% from the December 15th total of 5,800 shares. Based on an average trading volume of 77,800 shares, the days-to-cover ratio is presently 0.3 days.

Renault Stock Performance

RNLSY stock traded up $0.01 during trading on Monday, hitting $9.36. 43,078 shares of the stock traded hands, compared to its average volume of 55,025. Renault has a 1 year low of $7.25 and a 1 year high of $11.72. The firm’s 50 day moving average is $9.08 and its two-hundred day moving average is $9.19.

About Renault

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Renault SA engages in the design, manufacture, sale, repair, maintenance, and leasing of motor vehicles in Europe, Eurasia, Africa, the Middle East, the Asia Pacific, and the Americas. It also engages in the design and production of parts and equipment used for manufacturing and operation vehicles. The company operates through Automotive, Sale Financing, and Mobility Services segments.

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