Renault (OTCMKTS:RNLSY) Short Interest Down 76.1% in June

Renault (OTCMKTS:RNLSY) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 1,962 shares, a drop of 76.1% from the May 31st total of 8,208 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 416,762 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

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

Renault Trading Down 1.0%

Shares of RNLSY stock opened at $5.85 on Friday. Renault has a fifty-two week low of $5.83 and a fifty-two week high of $9.76. The stock has a 50 day moving average price of $6.60 and a two-hundred day moving average price of $7.18.

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.