Renault (OTCMKTS:RNLSY) Short Interest Update

Renault (OTCMKTS:RNLSY) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 119,411 shares, an increase of 49.1% from the August 31st total of 80,076 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 133,870 shares, the short-interest ratio is presently 0.9 days.

Renault Trading Down 0.4%

RNLSY traded down $0.03 during trading on Thursday, reaching $5.75. The company had a trading volume of 3,740 shares, compared to its average volume of 136,378. Renault has a 12-month low of $5.60 and a 12-month high of $8.79. The firm’s 50-day simple moving average is $6.44 and its 200 day simple moving average is $6.48.

Wall Street Analysts Forecast Growth

Separately, Barclays cut Renault from a “strong-buy” rating to a “hold” rating in a report on Friday, August 21st. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Renault has an average rating of “Reduce”.

Renault Company Profile

Renault is a France-based automotive company that designs, develops, manufactures and sells passenger cars, light commercial vehicles and related mobility services. Its portfolio includes Renault-branded vehicles, as well as Dacia’s value-oriented cars and utility vehicles and Alpine’s performance-oriented sports cars. The company also develops electric and connected vehicles and offers associated services through its Mobilize brand.

Founded in 1898 by Louis, Marcel and Fernand Renault, the company has grown into one of Europe’s major automakers.