Renesas Electronics Co. (OTCMKTS:RNECY) Short Interest Update

Renesas Electronics Co. (OTCMKTS:RNECY) was the target of a large decline in short interest in April. As of April 15th, there was short interest totalling 148,200 shares, a decline of 14.1% from the March 31st total of 172,600 shares. Based on an average trading volume of 1,828,700 shares, the days-to-cover ratio is currently 0.1 days.

Renesas Electronics Price Performance

Shares of OTCMKTS:RNECY opened at $8.26 on Monday. The business’s 50 day simple moving average is $8.51 and its 200-day simple moving average is $8.30. Renesas Electronics has a 12 month low of $6.28 and a 12 month high of $10.25.

Renesas Electronics (OTCMKTS:RNECY) last posted its earnings results on Wednesday, February 7th. The company reported $0.12 earnings per share (EPS) for the quarter. The company had revenue of $2.45 billion during the quarter.

Renesas Electronics Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, April 11th were paid a $0.0923 dividend. The ex-dividend date of this dividend was Tuesday, April 9th.

About Renesas Electronics

Renesas Electronics Corporation researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, rest of Asia, Europe, North America, and internationally. The company operates through Automotive Business and Industrial/Infrastructure/IoT Business segments. It offers microcontrollers (MCUs) and microprocessors; amplifiers, audio and video, data converters, power line communication, and switches and multiplexer products; and specific clocks, clock distribution and generation, jitter attenuators with frequency translation, and crystal oscillator, and VersaClock programmable clocks.