Renault (OTCMKTS:RNLSY) Short Interest Up 936.6% in July

Renault (OTCMKTS:RNLSY) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 19,136 shares, a growth of 936.6% from the June 30th total of 1,846 shares. Based on an average daily volume of 503,172 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Renault Stock Performance

OTCMKTS:RNLSY traded up $0.01 during trading hours on Friday, hitting $5.90. The company’s stock had a trading volume of 353,139 shares, compared to its average volume of 212,946. Renault has a 52-week low of $5.60 and a 52-week high of $8.79. The stock has a fifty day moving average of $6.16 and a 200-day moving average of $6.82.

Analyst Ratings Changes

Separately, Zacks Research downgraded shares of Renault from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. One research analyst has rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce”.

Renault Company Profile

Renault SA is a French multinational automobile manufacturer founded in 1899 by Louis, Marcel and Fernand Renault. Headquartered in Boulogne-Billancourt, France, the company designs, produces and distributes a wide range of passenger cars, light commercial vehicles and electric vehicles under the Renault, Dacia and Alpine brands. Renault also develops powertrains, including combustion engines and electric motors, and provides related services such as financing, leasing and fleet management.

Throughout its history, Renault has been at the forefront of automotive innovation, introducing mass-produced vehicles in the early 20th century and pioneering mass-market electric cars in the 2010s.