Renault (OTCMKTS:RNLSY – Get Free Report) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 19,136 shares, a growth of 936.6% from the June 30th total of 1,846 shares. Based on an average daily volume of 503,172 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.
Renault Stock Performance
Shares of OTCMKTS:RNLSY traded up $0.01 on Friday, reaching $5.90. 353,139 shares of the company were exchanged, compared to its average volume of 212,946. Renault has a 1-year low of $5.60 and a 1-year high of $8.79. The company has a 50-day moving average of $6.16 and a 200-day moving average of $6.82.
Analyst Ratings Changes
Separately, Zacks Research cut Renault from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Renault currently has a consensus rating of “Reduce”.
Renault Company Profile
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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