ReNew Energy Global Plc (NASDAQ:RNWWW – Get Free Report) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 18,660 shares, a drop of 41.0% from the April 15th total of 31,648 shares. Based on an average daily volume of 27,242 shares, the days-to-cover ratio is currently 0.7 days.
ReNew Energy Global Trading Down 23.9%
Shares of RNWWW stock traded down $0.00 during trading hours on Monday, hitting $0.01. 24,243 shares of the company’s stock were exchanged, compared to its average volume of 20,702. ReNew Energy Global has a 12-month low of $0.00 and a 12-month high of $0.19. The business’s 50 day simple moving average is $0.01 and its 200-day simple moving average is $0.01.
About ReNew Energy Global
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.
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