Renault SA (OTCMKTS:RNLSY) Sees Significant Growth in Short Interest

Renault SA (OTCMKTS:RNLSY - Get Free Report) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 34,000 shares, a growth of 295.3% from the February 28th total of 8,600 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 32,700 shares, the short-interest ratio is presently 1.0 days.

Renault Stock Down 3.8 %

RNLSY traded down $0.41 during midday trading on Monday, reaching $10.25. The company had a trading volume of 26,512 shares, compared to its average volume of 27,776. Renault has a 12-month low of $7.82 and a 12-month high of $11.72. The business has a 50-day moving average price of $10.34 and a two-hundred day moving average price of $9.44.

About Renault

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.