Renault (OTCMKTS:RNLSY) Short Interest Update

Renault (OTCMKTS:RNLSY – Get Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 180,130 shares, a growth of 841.3% from the July 15th total of 19,136 shares. Based on an average daily volume of 332,104 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the shares of the company are short sold.

Renault Trading Down 0.9%

RNLSY stock opened at $6.51 on Wednesday. Renault has a 1 year low of $5.60 and a 1 year high of $8.79. The stock’s fifty day moving average is $6.12 and its two-hundred day moving average is $6.70.

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Analysts Set New Price Targets

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

View Our Latest Stock Analysis on Renault

Renault Company Profile

(Get Free Report)

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.

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