ReNew Energy Global Plc (NASDAQ:RNWWW) Sees Large Growth in Short Interest

ReNew Energy Global Plc (NASDAQ:RNWWWGet Free Report) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 46,089 shares, an increase of 5,072.7% from the June 30th total of 891 shares. Based on an average daily volume of 20,944 shares, the days-to-cover ratio is presently 2.2 days.

ReNew Energy Global Stock Down 5.8%

RNWWW stock opened at $0.00 on Friday. ReNew Energy Global has a twelve month low of $0.00 and a twelve month high of $0.16.

ReNew Energy Global Company Profile

(Get Free Report)

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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