ReNew Energy Global Plc (NASDAQ:RNWWW) Sees Significant Decline in Short Interest

by · The Cerbat Gem

ReNew Energy Global Plc (NASDAQ:RNWWW – Get Free Report) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 13,750 shares, a drop of 34.0% from the November 30th total of 20,835 shares. Based on an average daily trading volume, of 88,858 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 88,858 shares, the days-to-cover ratio is presently 0.2 days.

ReNew Energy Global Stock Down 16.5%

Shares of NASDAQ:RNWWW opened at $0.01 on Wednesday. ReNew Energy Global has a fifty-two week low of $0.00 and a fifty-two week high of $0.25. The firm’s 50 day moving average price is $0.01 and its 200 day moving average price is $0.07.

About ReNew Energy Global

(Get Free Report)

ReNew Energy Global Pte. Ltd. is one of India’s leading independent renewable energy companies, focusing on the development, construction and operation of clean power assets. The company’s core activities include the generation of electricity from utility-scale solar and onshore wind facilities, as well as the deployment of energy storage solutions to enhance grid stability and reliability. ReNew Energy Global also offers comprehensive engineering, procurement and construction (EPC) services along with operations and maintenance (O&M) support across its project portfolio.

Founded in 2011, ReNew Energy Global has built a diversified portfolio of power generation assets with an operational capacity exceeding 5 gigawatts.

Recommended Stories