Renesas Electronics Co. (OTCMKTS:RNECY – Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 372,248 shares, a decrease of 35.4% from the September 15th total of 576,406 shares. Based on an average daily volume of 1,371,067 shares, the days-to-cover ratio is presently 0.3 days.
Renesas Electronics Price Performance
Shares of Renesas Electronics stock opened at $9.78 on Friday. The firm has a 50 day simple moving average of $10.95 and a 200 day simple moving average of $11.57. Renesas Electronics has a fifty-two week low of $5.51 and a fifty-two week high of $16.20.
Renesas Electronics Company Profile
Renesas Electronics Corporation is a Japan-based semiconductor company that develops and supplies embedded semiconductor solutions for automotive, industrial, infrastructure, and consumer applications. Its products are designed to help control, connect, sense, and power electronic systems used in vehicles, factories, appliances, communications equipment, and other devices.
The company’s portfolio includes microcontrollers, microprocessors, system-on-chip products, analog and mixed-signal semiconductors, power-management devices, connectivity solutions, and system solutions.
See Also
- Five stocks we like better than Renesas Electronics
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
Receive News & Ratings for Renesas Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Renesas Electronics and related companies with MarketBeat.com's FREE daily email newsletter.
