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

ReNew Energy Global Plc (NASDAQ:RNWWW – Get Free Report) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 46,089 shares, a growth of 5,072.7% from the June 30th total of 891 shares. Based on an average trading volume of 20,944 shares, the short-interest ratio is presently 2.2 days.

ReNew Energy Global Price Performance

NASDAQ RNWWW traded down $0.00 on Friday, reaching $0.00. The company’s stock had a trading volume of 39,990 shares, compared to its average volume of 26,538. ReNew Energy Global has a 52 week low of $0.00 and a 52 week high of $0.16.

ReNew Energy Global Company Profile

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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.

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