Renesas Electronics Co. (OTCMKTS:RNECF – Get Free Report) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 2,437,700 shares, a decline of 39.5% from the September 30th total of 4,028,800 shares. Based on an average trading volume of 10,600 shares, the days-to-cover ratio is presently 230.0 days.
Renesas Electronics Trading Down 14.3 %
OTCMKTS:RNECF opened at $13.02 on Friday. Renesas Electronics has a 1 year low of $10.43 and a 1 year high of $21.24. The stock has a fifty day moving average price of $15.21 and a two-hundred day moving average price of $16.86.
About Renesas Electronics
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