Short Interest in ReNew Energy Global Plc (NASDAQ:RNWWW) Declines By 86.9%

ReNew Energy Global Plc (NASDAQ:RNWWW) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 2,493 shares, a drop of 86.9% from the May 31st total of 19,004 shares. Based on an average daily volume of 19,736 shares, the short-interest ratio is presently 0.1 days.

ReNew Energy Global Price Performance

RNWWW stock traded down $0.00 during trading on Friday, reaching $0.00. 7,635 shares of the stock were exchanged, compared to its average volume of 21,912. The business has a 50 day moving average price of $0.01 and a 200-day moving average price of $0.01. ReNew Energy Global has a 1 year low of $0.00 and a 1 year high of $0.18.

ReNew Energy Global Company Profile

ReNew Energy Global Pte. Ltd. is one of India’s leading independent renewable energy companies, focusing on the development, construction and operation of clean power assets. The company’s core activities include the generation of electricity from utility-scale solar and onshore wind facilities, as well as the deployment of energy storage solutions to enhance grid stability and reliability. ReNew Energy Global also offers comprehensive engineering, procurement and construction (EPC) services along with operations and maintenance (O&M) support across its project portfolio.

Founded in 2011, ReNew Energy Global has built a diversified portfolio of power generation assets with an operational capacity exceeding 5 gigawatts.