REC Silicon ASA (OTCMKTS:RNWEF) Short Interest Update

REC Silicon ASA (OTCMKTS:RNWEF) was the target of a large decline in short interest in February. As of February 28th, there was short interest totalling 400 shares, a decline of 97.6% from the February 13th total of 16,700 shares. Based on an average trading volume of 6,500 shares, the days-to-cover ratio is currently 0.1 days.

REC Silicon ASA Trading Down 11.3 %

RNWEF stock opened at $0.10 on Friday. REC Silicon ASA has a fifty-two week low of $0.10 and a fifty-two week high of $1.13. The business’s 50 day moving average price is $0.12 and its two-hundred day moving average price is $0.43.

REC Silicon ASA Company Profile

REC Silicon ASA, together with its subsidiaries, produces and sells silicon materials for the solar and electronics industries worldwide. It offers various Signature Silane gas, a pure form of silicon that produces product for fuel industries comprising specialty gases, including Dichlorosilane, Monochlorosilane, and Disilane for use in the manufacturing processes of flat panel displays, semiconductors, and solar cells; solar grade polysilicon, including NextSi used for multi crystalline and monocrystalline solar ingot and wafer production in the manufacturing of solar modules; and electronic grade polysilicon consisting of float zone-based devices are used in motor control and power conversion processes for hybrid and electric vehicles, wind energy, and high voltage transmission, 5G communications, high-speed trains, internet of things, and big data, as well as Czochralski for manufacturing of semiconductor wafers used in memory processors, optics, and micro electromechanical systems.